FWP 1 n3204_x1-premkta1.htm FREE WRITING PROSPECTUS

		FREE WRITING PROSPECTUS
		FILED PURSUANT TO RULE 433
		REGISTRATION FILE NO.: 333-257991-05

BANK 2022-BNK43 Disclaimer

STATEMENT REGARDING THIS FREE WRITING PROSPECTUS

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (SEC File No. 333-257991) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-800-745-2063 (8 a.m. – 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com.

Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time.

This document has been prepared by the underwriters for information purposes only and does not constitute, in whole or in part, a prospectus for the purposes of (i) Regulation (EU) 2017/1129 (as amended), (ii) such Regulation as it forms part of UK domestic law, or (iii) Part VI of the UK Financial Services and Markets Act 2000, as amended; and does not constitute an offering document for any other purpose.

STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION

The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of Wells Fargo Securities, LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC, Academy Securities, Inc., Drexel Hamilton, LLC, Siebert Williams Shank & Co., LLC or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.

This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement.

Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Prime Services, LLC, a member of FINRA, NFA and SIPC, and Wells Fargo Bank, N.A. Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLC are distinct entities from affiliated banks and thrifts.

“BofA Securities” is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation, including, in the United States, BofA Securities, Inc., which is a registered broker-dealer and member of FINRA and SIPC, and, in other jurisdictions, locally registered entities.

IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES

The information herein is preliminary and may be supplemented or amended prior to the time of sale. In addition, the Offered Certificates referred to in these materials and the asset pool backing them are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis.

The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials.

The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale.

IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS

Any legends, disclaimers or other notices that may appear at the bottom of any email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

% of Initial Pool Balance

% of Loan Balance

Mortgage Loan Originator

Mortgage Loan Seller

Related Group

Crossed Group

Address

City

County

State

Zip Code

General Property Type

Detailed Property Type

Year Built

Year Renovated

Number of Units

Unit of Measure

Loan Per Unit ($)

Original Balance ($)

Cut-off Date Balance ($)

Maturity/ARD Balance ($)

Interest Rate %

Administrative Fee Rate %

Net Mortgage Rate %

Monthly Debt Service (P&I) ($)

Monthly Debt Service (IO) ($)

Annual Debt Service (P&I) ($)

Annual Debt Service (IO) ($)

Amortization Type

ARD Loan (Yes / No)

Interest Accrual Method

Original Interest-Only Period (Mos.)

Remaining Interest-Only Period (Mos.)

Original Term To Maturity / ARD (Mos.)

Remaining Term To Maturity / ARD (Mos.)

Original Amortization Term (Mos.)

Remaining Amortization Term (Mos.)

Origination Date

Seasoning (Mos.)

Payment Due Date

First Payment Date

First P&I Payment Date

Maturity Date or Anticipated Repayment Date

Final Maturity Date

Grace Period - Late Fee (Days)

Grace Period - Default (Days)

Prepayment Provision

Most Recent EGI ($)

Most Recent Expenses ($)

Most Recent NOI ($)

Most Recent NOI Date

Most Recent Description

Second Most Recent EGI ($)

Second Most Recent Expenses ($)

Second Most Recent NOI ($)

Second Most Recent NOI Date

Second Most Recent Description

Third Most Recent EGI ($)

Third Most Recent Expenses ($)

Third Most Recent NOI ($)

Third Most Recent NOI Date

Third Most Recent Description

Underwritten Economic Occupancy (%)

Underwritten EGI ($)

Underwritten Expenses ($)

Underwritten Net Operating Income ($)

Underwritten Replacement / FF&E Reserve ($)

Underwritten TI / LC ($)

Underwritten Net Cash Flow ($)

Underwritten NOI DSCR (x)

Underwritten NCF DSCR (x)

Underwritten NOI Debt Yield (%)

Underwritten NCF Debt Yield (%)

Appraised Value ($)

Appraised Value Type

Appraisal Date

Cut-off Date LTV Ratio (%)

LTV Ratio at Maturity / ARD (%)

Leased Occupancy (%)

Occupancy Date

Single Tenant (Y/N)

Largest Tenant

Largest Tenant SF

Largest Tenant % of NRA

Largest Tenant Lease Expiration Date

Second Largest Tenant

Second Largest Tenant SF

Second Largest Tenant % of NRA

Second Largest Tenant Lease Expiration Date

Third Largest Tenant

Third Largest Tenant SF

Third Largest Tenant % of NRA

Third Largest Tenant Lease Expiration Date

Fourth Largest Tenant

Fourth Largest Tenant SF

Fourth Largest Tenant % of NRA

Fourth Largest Tenant Lease Expiration Date

Fifth Largest Tenant

Fifth Largest Tenant SF

Fifth Largest Tenant % of NRA

Fifth Largest Tenant Lease Expiration Date

Environmental Phase I Report Date

Environmental Phase II Report Date

Engineering Report Date

Seismic Report Date

PML or SEL (%)

Flood Zone

Ownership Interest

Ground Lease Expiration Date

Ground Lease Extension Terms

Annual Ground Lease Payment as of the Cut-off Date ($)

Annual Ground Rent Increases (Y/N)

Upfront RE Tax Reserve ($)

Monthly RE Tax Reserve ($)

Upfront Insurance Reserve ($)

Monthly Insurance Reserve ($)

Upfront Replacement / PIP Reserve ($)

Monthly Replacement / FF&E Reserve ($)

Replacement Reserve Caps ($)

Upfront TI/LC Reserve ($)

Monthly TI/LC Reserve ($)

TI/LC Caps ($)

Upfront Debt Service Reserve ($)

Monthly Debt Service Reserve ($)

Debt Service Reserve Cap ($)

Upfront Deferred Maintenance Reserve ($)

Upfront Other Reserve ($)

Monthly Other Reserve ($)

Other Reserve Description

Other Reserve Cap ($)

Holdback/ Earnout Amount ($)

Holdback/ Earnout Description

Lockbox Type

Cash Management

Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N)

Tenant Specific Excess Cash Trap Trigger (Y/N)

Pari Passu (Y/N)

Pari Passu in Trust Controlling (Y/N)

Trust Pari Passu Cut-off Date Balance ($)

Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($)

Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)

Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)

Subordinate Companion Loan Cut-off Date Balance ($)

Subordinate Companion Loan Interest Rate

Whole Loan Cut-off Date Balance ($)

Whole Loan Monthly Debt Service ($)

Whole Loan Cut-off Date LTV Ratio (%)

Whole Loan Underwritten NCF DSCR (x)

Whole Loan Underwritten NOI Debt Yield (%)

Mezzanine Debt Cut-off Date Balance($)

Mezzanine Debt Interest Rate (%)

Total Debt Cut-off Date Balance ($)

Total Debt Monthly Debt Service ($)

Total Debt Cut-off Date LTV Ratio (%)

Total Debt Underwritten NCF DSCR (x)

Total Debt Underwritten NOI Debt Yield (%)

Future Additional Debt Permitted (Y/N)

Future Debt Permitted Type

Sponsor

Non-Recourse Carveout Guarantor

Delaware Statutory Trust
(Y/N)

Tenants-in-common
(Y/N)

Loan Purpose

Property Located Within a Qualified Opportunity Zone (Y/N)

Sources: Loan Amount ($)

Sources: Principal's New Cash Contribution ($)

Sources: Subordinate Debt ($)

Sources: Other Sources ($)

Sources: Total Sources ($)

Uses: Loan Payoff ($)

Uses: Purchase Price ($)

Uses: Closing Costs ($)

Uses: Reserves ($)

Uses: Principal Equity Distribution ($)

Uses: Other Uses ($)

Uses: Total Uses ($)

Franchise Agreement Expiration

Underwritten ADR ($)

Underwritten RevPAR ($)

Underwritten Hotel Occupancy (%)

Most Recent ADR ($)

Most Recent RevPAR ($)

Most Recent Hotel Occupancy (%)

Second Most Recent ADR ($)

Second Most Recent RevPAR ($)

Second Most Recent Hotel Occupancy (%)

Third Most Recent ADR ($)

Third Most Recent RevPAR ($)

Third Most Recent Hotel Occupancy (%)

Coop - Committed Secondary Debt

Coop - Rental Value

Coop - LTV as Rental

Coop - Unsold Percent

Coop - Sponsor Units

Coop - Investor Units

Coop - Coop Units

Coop - Sponsor/
Investor Carry

Loan

High Street

9.2%

100.0%

WFB

NAP

5310-5455 High Street

Phoenix

Maricopa

85054

Mixed Use

Office/Retail/Multifamily

2008

NAP

630,083

219.65

100,000,000

5.35200%

NAP

452,194.44

NAP

5,426,333.28

Interest Only

Actual/360

120

119

120

119

6/17/2022

8/11/2022

NAP

7/11/2032

NAP

L(25),D(91),O(4)

16,686,219

7,384,504

9,301,715

5/31/2022

T-12

16,309,986

7,085,214

9,224,773

12/31/2021

T-12

14,550,236

6,789,677

7,760,559

12/31/2020

T-12

90.5%

19,932,833

7,716,208

12,216,625

100,754

21,529

12,094,342

1.63

1.61

8.8%

8.7%

193,600,000

As Is

5/10/2022

71.5%

90.4%

6/8/2022

Sprouts Farmers Market

95,832

15.2%

4/30/2029

Life Insurance Company of North America

23,562

3.7%

7/31/2023

Navitus Health Solutions, LLC

22,405

3.6%

10/31/2023

RT Specialty

20,946

3.3%

10/31/2027

Healthiest You Teledoc

19,179

3.0%

9/30/2023

3/25/2022

NAP

3/22/2022

NAP

Leasehold

7/6/2092

1, 10-year

9/14/2843

Yes

436,773

145,591

Springing

5,905,000

Springing

302,262

8,992,000

Springing

1,520,073

2,686,455

30,583

Ground Rent ($30,583); Rent Concession ($708,593.26); Existing TI/LC ($1,873,516); Prepaid Rent ($73,762.46)

NAP

Hard

In Place

Yes

100,000,000

38,395,000

173,620.06

625,814.50

NAP

138,395,000

625,814.50

71.5%

1.61

8.8%

NAP

Scanlankemperbard Companies, LLC, Todd M. Gooding, James V. Paul, Gary J. Rood, and Gary J. Rood and Christine C. Rood as Co-Trustees of the Rood Family Trust U/T/A Dated September 8, 2005

Yes

Acquisition

138,395,000

73,306,459

211,701,459

192,103,940

1,577,292

18,020,228

211,701,459

NAP

Loan

Katy Mills

8.4%

100.0%

BANA/JPMCB

BANA

NAP

5000 Katy Mills Circle

Katy

Harris

77494

Retail

Super Regional Mall

1999

2019

1,181,987

109.98

91,000,000

76,801,229

5.76700%

532,034.46

NAP

6,384,413.52

NAP

Amortizing Balloon

Actual/360

120

360

7/21/2022

9/1/2022

8/1/2032

NAP

L(24),D(90),O(6)

41,729,947

14,309,769

27,420,178

3/31/2022

T-12

40,936,621

14,024,074

26,912,547

12/31/2021

T-12

36,869,783

12,525,925

24,343,858

12/31/2020

T-12

84.9%

42,515,577

14,235,384

28,280,193

552,091

1,181,987

26,546,115

3.10

2.91

21.8%

20.4%

394,000,000

As Is

5/17/2022

33.0%

27.8%

86.3%

5/3/2022

Bass Pro Shops Outdoor

144,702

12.2%

10/25/2024

Burlington

100,083

8.5%

1/31/2025

AMC Theatres

76,671

6.5%

10/31/2029

Marshalls

32,126

2.7%

1/31/2030

Sun & Ski Sports

30,002

2.5%

3/31/2026

5/24/2022

NAP

7/12/2022

NAP

Fee

NAP

Springing

46,008

1,104,183

98,487

2,363,678

1,013,945

Outstanding TI/LC Reserve

NAP

Hard

Springing

Yes

91,000,000

39,000,000

228,014.77

760,049.23

NAP

130,000,000

760,049

NAP

Simon Property Group, L.P. and The KanAm Group

Simon Property Group, L.P.

Refinance

130,000,000

12,562,007

142,562,007

140,430,426

1,117,635

1,013,945

142,562,007

NAP

Loan

Constitution Center

7.7%

100.0%

MSMCH/MSBNA

MSMCH

NAP

400 7th Street Southwest

Washington

District of Columbia

20024

Office

CBD

1968

2010

1,410,049

282.26

84,000,000

3.04940%

NAP

216,422.69

NAP

2,597,072.28

Interest Only

Actual/360

120

115

120

115

2/16/2022

4/9/2022

NAP

3/9/2032

NAP

L(24),YM1(5),DorYM1(84),O(7)

79,972,453

27,076,464

52,895,989

12/31/2021

T-12

77,660,677

26,226,920

51,433,757

12/31/2020

T-12

77,044,515

27,395,623

49,648,892

12/31/2019

T-12

96.9%

85,939,687

29,664,589

56,275,098

352,512

3,006,585

52,916,001

4.57x

4.30x

14.1%

13.3%

914,000,000

As Is

12/29/2021

43.5%

100.0%

12/1/2021

OCC

471,499

33.4%

10/31/2038

FHFA

377,092

26.7%

1/31/2027

GSA

375,260

26.6%

2/29/2024

ASPR

186,198

13.2%

10/31/2037

NAP

1/19/2022

NAP

1/18/2022

NAP

Fee

NAP

Springing

416,036

Springing

14,343,252

Free Rent Reserve

NAP

Hard

Springing

Yes

84,000,000

314,000,000

809,008.65

1,025,431.34

52,000,000

450,000,000

1,197,657

NAP

MetLife, Inc. and New York Common Retirement Fund

NAP

Refinance

398,000,000

52,000,000

450,000,000

372,749,794

3,078,877

14,759,288

59,412,042

450,000,000

NAP

Loan

The Boulders Resort

6.9%

100.0%

WFB

NAP

34631 North Tom Darlington Drive

Scottsdale

Maricopa

85266

Hospitality

Full Service

1985

2016

160

Rooms

624,420.55

75,000,000

74,930,466

62,924,362

5.56300%

428,811.00

NAP

5,145,732.00

NAP

Amortizing Balloon

Actual/360

120

119

360

359

7/6/2022

8/11/2022

7/11/2032

NAP

L(25),D(91),O(4)

50,961,864

30,635,503

20,326,361

4/30/2022

T-12

43,423,683

27,519,353

15,904,330

12/31/2021

T-12

27,900,644

20,201,885

7,698,759

12/31/2020

T-12

70.0%

50,961,864

30,697,492

20,264,372

2,038,475

18,225,898

2.95

2.66

20.3%

18.2%

232,800,000

As Is

6/7/2022

42.9%

36.0%

70.0%

4/30/2022

NAP

6/3/2022

NAP

6/6/2022

NAP

Fee

NAP

187,374

62,459

Springing

169,873

1,800,000

Springing

Seasonality Reserve ($1,800,000), PIP (Springing)

1,800,000

NAP

Hard

In Place

Yes

74,930,466

24,976,822

142,937.00

571,748.00

NAP

99,907,288

571,748

NAP

William J. Yung III, Martha Yung, William J. Yung IV, Joseph A. Yung, Julie A. Haught, Judith A. Yung, Jennifer A. Yung, Michelle M. Christensen and Scott A. Yung

CSC Holdings, LLC

Refinance

100,000,000

68,398,713

562,039

1,987,374

29,051,874

100,000,000

4/30/2035

1/19/1901

9/25/1900

1/0/1900

1/19/1901

9/25/1900

1/0/1900

12/1/1900

8/18/1900

1/0/1900

10/7/1900

5/9/1900

1/0/1900

Loan

ExchangeRight Net Leased Portfolio #56

5.5%

MSBNA

MSMCH

NAP

Various

Retail

Single Tenant

Various

637,669

93.25

59,463,750

5.36800%

NAP

269,695.64

NAP

3,236,347.68

Interest Only

Actual/360

120

119

120

119

6/21/2022

8/1/2022

NAP

7/1/2032

NAP

L(25),D(90),O(5)

NAV

95.4%

6,381,569

191,447

6,190,122

95,650

294,863

5,799,609

1.91

1.79

10.4%

9.8%

117,750,000

As Is

Various

50.5%

100.0%

8/1/2022

229,379

34,615

806

269

1,209,561

500,000

Springing

280,629

16,656

Free Rent Reserve

NAP

Hard

Springing

Yes

NAP

ExchangeRight Real Estate, LLC, David Fisher, Joshua Ungerecht and Warren Thomas

Yes

Acquisition

59,463,750

60,923,048

120,386,798

116,615,539

1,534,229

2,237,030

120,386,798

NAP

5.01

Property

Scheel's All Sports – Great Falls, MT

0.6%

10.7%

1200 10th Avenue South

Great Falls

Cascade

59405

Retail

Single Tenant

1963

2006

99,279

6,380,000

NAV

12,600,000

As Is

5/19/2022

100.0%

8/1/2022

Yes

Scheels All Sports

99,279

100.0%

1/31/2037

NAP

5/9/2022

NAP

4/21/2022

NAP

Fee

NAP

5.02

Property

Woods Supermarket – Sunrise Beach, MO

0.4%

7.4%

13655 North State Highway 5

Sunrise Beach

Camden

65079

Retail

Single Tenant

2013

NAP

56,509

4,410,500

NAV

8,700,000

As Is

3/12/2022

100.0%

8/1/2022

Yes

Woods Supermarket

56,509

100.0%

6/30/2033

NAP

2/4/2022

NAP

2/4/2022

NAP

Fee

NAP

5.03

Property

Hobby Lobby – McAlester, OK

0.3%

6.4%

1118 Tanglewood Drive

McAlester

Pittsburg

74501

Retail

Single Tenant

2021

NAP

55,000

3,787,500

NAV

7,500,000

As Is

5/15/2022

100.0%

8/1/2022

Yes

Hobby Lobby

55,000

100.0%

4/30/2037

NAP

4/19/2022

NAP

4/19/2022

NAP

Fee

NAP

5.04

Property

Hobby Lobby – Jackson, TN

0.3%

5.7%

1160 Vann Drive

Jackson

Madison

38305

Retail

Single Tenant

2005

NAP

56,447

3,400,500

NAV

6,700,000

As Is

4/1/2022

100.0%

8/1/2022

Yes

Hobby Lobby

56,447

100.0%

1/31/2031

NAP

2/14/2022

NAP

2/14/2022

NAP

Fee

NAP

5.05

Property

CVS Pharmacy – Springfield, OH

0.3%

4.7%

2565 East Main Street

Springfield

Clark

45505

Retail

Single Tenant

1999

2019

9,908

2,819,750

NAV

5,550,000

As Is

4/30/2022

100.0%

8/1/2022

Yes

CVS Pharmacy

9,908

100.0%

3/31/2037

NAP

5/13/2022

NAP

5/13/2022

NAP

Fee

NAP

5.06

Property

Food Lion – Gastonia, NC

0.2%

4.5%

1024 West Hudson Boulevard

Gastonia

Gaston

28052

Retail

Single Tenant

2005

NAP

33,764

2,668,250

NAV

5,250,000

As Is

3/1/2022

100.0%

8/1/2022

Yes

Food Lion

33,764

100.0%

11/15/2025

NAP

1/21/2022

NAP

1/21/2022

NAP

Fee

NAP

5.07

Property

Walgreens – Wichita, KS

0.2%

4.3%

333 West 13th Street North

Wichita

Sedgwick

67203

Retail

Single Tenant

2001

NAP

16,325

2,577,350

NAV

5,070,000

As Is

4/29/2022

100.0%

8/1/2022

Yes

Walgreens

16,325

100.0%

12/31/2028

NAP

2/4/2022

5/11/2022

2/4/2022

NAP

Fee

NAP

5.08

Property

CVS Pharmacy – Springfield, IL

0.2%

4.1%

2703 East Stevenson Drive

Springfield

Sangamon

62703

Retail

Single Tenant

2000

NAP

10,125

2,420,800

NAV

4,760,000

As Is

5/4/2022

100.0%

8/1/2022

Yes

CVS Pharmacy

10,125

100.0%

3/31/2037

NAP

5/19/2022

NAP

5/16/2022

NAP

Fee

NAP

5.09

Property

Hobby Lobby – Forsyth, IL

0.2%

4.0%

1146 Hickory Point Mall

Forsyth

Macon

62535

Retail

Single Tenant

1977

2000

60,000

2,375,350

NAV

4,670,000

As Is

5/6/2022

100.0%

8/1/2022

Yes

Hobby Lobby

60,000

100.0%

1/31/2032

NAP

3/23/2022

NAP

3/18/2022

NAP

Fee

NAP

5.10

Property

CVS Pharmacy – Easton, PA

0.2%

3.5%

1520 Northampton Street

Easton

Northampton

18042

Retail

Single Tenant

1958

2000

17,380

2,107,700

NAV

4,140,000

As Is

5/6/2022

100.0%

8/1/2022

Yes

CVS Pharmacy

17,380

100.0%

3/31/2037

NAP

5/10/2022

NAP

5/10/2022

NAP

Fee

NAP

5.11

Property

CVS Pharmacy – Christiansburg, VA

0.2%

3.3%

550 North Franklin Street

Christiansburg

Montgomery

24073

Retail

Single Tenant

2000

NAP

11,455

1,986,500

NAV

3,900,000

As Is

5/7/2022

100.0%

8/1/2022

Yes

CVS Pharmacy

11,455

100.0%

3/31/2037

NAP

5/11/2022

NAP

5/11/2022

NAP

Fee

NAP

5.12

Property

CVS Pharmacy – New Baltimore, MI

0.2%

3.3%

37100 Green Street

New Baltimore

Macomb

48047

Retail

Single Tenant

2000

NAP

10,870

1,936,000

NAV

3,800,000

As Is

5/3/2022

100.0%

8/1/2022

Yes

CVS Pharmacy

10,870

100.0%

3/31/2032

NAP

5/11/2022

NAP

5/11/2022

NAP

Fee

NAP

5.13

Property

CVS Pharmacy – Silverton, OH

0.2%

3.1%

7314 Montgomery Road

Cincinnati

Hamilton

45236

Retail

Single Tenant

2000

NAP

9,562

1,835,000

NAV

3,600,000

As Is

5/7/2022

100.0%

8/1/2022

Yes

CVS Pharmacy

9,562

100.0%

3/31/2037

NAP

5/12/2022

NAP

5/12/2022

NAP

Fee

NAP

5.14

Property

TJ-Maxx – McAlester, OK

0.2%

3.1%

1116 Tanglewood Drive

McAlester

Pittsburg

74501

Retail

Single Tenant

2021

NAP

21,000

1,818,000

NAV

3,600,000

As Is

5/15/2022

100.0%

8/1/2022

Yes

TJ Maxx

21,000

100.0%

3/1/2032

NAP

5/10/2022

NAP

5/10/2022

NAP

Fee

NAP

5.15

Property

CVS Pharmacy - Albertville, AL

0.2%

3.0%

6181 US Highway 431

Albertville

Marshall

35950

Retail

Single Tenant

2000

NAP

10,336

1,784,500

NAV

3,500,000

As Is

4/26/2022

100.0%

8/1/2022

Yes

CVS Pharmacy

10,336

100.0%

3/31/2032

NAP

5/10/2022

NAP

5/10/2022

NAP

Fee

NAP

5.16

Property

CVS Pharmacy – New Boston, OH

0.1%

2.7%

4207 Gallia Street

New Boston

Scioto

45662

Retail

Single Tenant

2000

NAP

8,200

1,633,000

NAV

3,200,000

As Is

5/7/2022

100.0%

8/1/2022

Yes

CVS Pharmacy

8,200

100.0%

3/31/2037

NAP

5/16/2022

NAP

5/11/2022

NAP

Fee

NAP

5.17

Property

Family Dollar – Springfield, MA

0.1%

2.6%

1276 Saint James Avenue

Springfield

Hampden

01104

Retail

Single Tenant

2018

NAP

9,840

1,557,250

NAV

3,050,000

As Is

5/9/2022

100.0%

8/1/2022

Yes

Family Dollar

9,840

100.0%

9/30/2033

NAP

3/31/2022

NAP

4/11/2022

NAP

Fee

NAP

5.18

Property

CVS Pharmacy – Bedford, OH

0.1%

2.1%

140 Solon Road

Bedford

Cuyahoga

44146

Retail

Single Tenant

1998

NAP

10,125

1,229,000

NAV

2,400,000

As Is

4/21/2022

100.0%

8/1/2022

Yes

CVS Pharmacy

10,125

100.0%

1/31/2029

NAP

3/25/2022

NAP

3/25/2022

NAP

Fee

NAP

5.19

Property

Family Dollar – Glen Burnie, MD

0.1%

2.1%

7419 Ritchie Highway

Glen Burnie

Anne Arundel

21060

Retail

Single Tenant

1967

NAP

11,280

1,229,000

NAV

2,400,000

As Is

4/28/2022

100.0%

8/1/2022

Yes

Family Dollar

11,280

100.0%

1/31/2031

NAP

5/2/2022

NAP

5/2/2022

NAP

Fee

NAP

5.20

Property

Dollar General - Plainfield, CT

0.1%

1.9%

74 East Main Street

Moosup

Windham

06354

Retail

Single Tenant

2014

NAP

9,066

1,117,900

NAV

2,180,000

As Is

5/2/2022

100.0%

8/1/2022

Yes

Dollar General

9,066

100.0%

4/30/2029

NAP

4/18/2022

NAP

4/18/2022

NAP

Fee

NAP

5.21

Property

Family Dollar – Mesquite, TX

0.1%

1.8%

1300 Oates Drive

Mesquite

Dallas

75150

Retail

Single Tenant

2011

NAP

8,400

1,042,150

NAV

2,030,000

As Is

4/30/2022

100.0%

8/1/2022

Yes

Family Dollar

8,400

100.0%

6/30/2027

NAP

4/14/2022

NAP

4/14/2022

NAP

Fee

NAP

5.22

Property

O'Reilly Auto Parts – Decatur, GA

0.1%

1.7%

2049 Candler Road

Decatur

DeKalb

30032

Retail

Single Tenant

2009

NAP

6,955

1,027,000

NAV

2,000,000

As Is

5/14/2022

100.0%

8/1/2022

Yes

O'Reilly Auto Parts

6,955

100.0%

1/31/2029

NAP

5/3/2022

NAP

5/17/2022

NAP

Fee

NAP

5.23

Property

Family Dollar – Milledgeville, GA

0.1%

1.7%

641 South Wayne Street

Milledgeville

Baldwin

31061

Retail

Single Tenant

1994

NAP

11,208

991,650

NAV

1,930,000

As Is

5/7/2022

100.0%

8/1/2022

Yes

Family Dollar

11,208

100.0%

6/30/2028

NAP

4/20/2022

NAP

4/21/2022

NAP

Fee

NAP

5.24

Property

Dollar General – Jackson, MS

0.1%

1.6%

4514 Terry Road

Jackson

Hinds

39212

Retail

Single Tenant

2017

NAP

8,784

951,250

NAV

1,850,000

As Is

5/16/2022

100.0%

8/1/2022

Yes

Dollar General

8,784

100.0%

4/30/2032

NAP

3/30/2022

NAP

3/30/2022

NAP

Fee

NAP

5.25

Property

Family Dollar – Port Arthur, TX

0.1%

1.4%

3701 Gulfway Drive

Port Arthur

Jefferson

77642

Retail

Single Tenant

1993

2021

8,640

819,950

NAV

1,590,000

As Is

4/26/2022

100.0%

8/1/2022

Yes

Family Dollar

8,640

100.0%

1/31/2029

NAP

3/25/2022

NAP

3/25/2022

NAP

Fee

NAP

5.26

Property

Dollar General – Dacula, GA

0.1%

1.4%

1210 Winder Highway

Dacula

Gwinnett

30019

Retail

Single Tenant

2013

NAP

9,352

814,900

NAV

1,580,000

As Is

5/5/2022

100.0%

8/1/2022

Yes

Dollar General

9,352

100.0%

11/30/2028

NAP

4/1/2022

NAP

4/4/2022

NAP

Fee

NAP

5.27

Property

O'Reilly Auto Parts – Richmond, TX

0.1%

1.4%

1021 East Highway 90A

Richmond

Fort Bend

77406

Retail

Single Tenant

2012

NAP

7,000

804,800

NAV

1,560,000

As Is

5/12/2022

100.0%

8/1/2022

Yes

O'Reilly Auto Parts

7,000

100.0%

6/22/2032

NAP

4/18/2022

NAP

4/18/2022

NAP

Yes - AE

Fee

NAP

5.28

Property

PNC Bank – Lansing, MI

0.1%

1.3%

6336 South Cedar Street

Lansing

Ingham

48911

Retail

Single Tenant

1973

2015

2,784

777,750

NAV

2,550,000

As Is

5/3/2022

100.0%

8/1/2022

Yes

PNC Bank, N.A.

2,784

100.0%

9/30/2027

NAP

3/31/2022

NAP

3/31/2022

NAP

Fee

NAP

5.29

Property

Family Dollar – Redford, MI

0.1%

1.3%

18845 Beech Daly Road

Redford

Wayne

48240

Retail

Single Tenant

2009

NAP

8,439

774,500

NAV

1,500,000

As Is

3/2/2022

100.0%

8/1/2022

Yes

Family Dollar

8,439

100.0%

6/30/2027

NAP

3/2/2022

NAP

3/22/2022

NAP

Fee

NAP

5.30

Property

Family Dollar - Little Rock, AR

0.1%

1.2%

15700 Arch Street

Little Rock

Pulaski

72206

Retail

Single Tenant

2002

2021

16,000

698,750

NAV

1,350,000

As Is

5/18/2022

100.0%

8/1/2022

Yes

Family Dollar/ Dollar Tree

16,000

100.0%

4/30/2032

NAP

3/28/2022

NAP

3/28/2022

NAP

Fee

NAP

5.31

Property

Dollar Tree – Toledo, OH

0.1%

1.1%

4767 North Summit Street

Toledo

Lucas

43611

Retail

Single Tenant

1967

2016

9,622

638,150

NAV

1,230,000

As Is

5/4/2022

100.0%

8/1/2022

Yes

Dollar Tree

9,622

100.0%

9/30/2029

NAP

3/30/2022

NAP

4/6/2022

NAP

Fee

NAP

5.32

Property

Sherwin Williams – Smyrna, TN

0.1%

1.0%

401 Smyrna Square Drive

Smyrna

Rutherford

37167

Retail

Single Tenant

1999

NAP

5,000

572,500

NAV

1,100,000

As Is

5/16/2022

100.0%

8/1/2022

Yes

Sherwin Williams

5,000

100.0%

12/31/2031

NAP

4/25/2022

NAP

4/29/2022

NAP

Fee

NAP

5.33

Property

Dollar General – Lincoln, IL

0.0%

0.8%

415 Limit Street

Lincoln

Logan

62656

Retail

Single Tenant

2005

NAP

9,014

476,550

NAV

910,000

As Is

5/4/2022

100.0%

8/1/2022

Yes

Dollar General

9,014

100.0%

6/30/2030

NAP

5/5/2022

NAP

5/16/2022

NAP

Fee

NAP

Loan

One Bridge Street

4.8%

100.0%

MSBNA

MSMCH

NAP

1 Bridge Street

Irvington

Westchester

10533

Office

Suburban

1912

2003

200,397

259.48

52,000,000

4.70000%

NAP

206,495.37

NAP

2,477,944.44

Interest Only

Actual/360

120

118

120

118

6/1/2022

7/1/2022

NAP

6/1/2032

NAP

L(26),D(87),O(7)

8,869,569

3,198,362

5,671,206

3/30/2022

T-12

8,506,894

3,055,735

5,451,159

12/31/2021

T-12

8,024,192

2,859,499

5,164,692

12/31/2020

T-12

93.3%

9,171,758

3,308,726

5,863,032

40,079

390,834

5,432,119

2.37

2.19

11.3%

10.4%

100,000,000

As Is

4/27/2022

52.0%

92.8%

5/2/2022

Eileen Fisher, Inc.

43,038

21.5%

5,800 SF expiring 11/30/2025; 37,238 SF 12/31/2027

Lockard & Wechsler, LLC

23,928

11.9%

4/30/2028

Healthcare Navigator, LLC

12,100

6.0%

11/30/2030

Weleda, Inc.

8,700

4.3%

6/30/2025

Novis Renewables LLC

6,015

3.0%

12/31/2023

5/5/2022

NAP

5/5/2022

NAP

Yes - AE

Fee

NAP

382,192

95,548

Springing

3,376

40,510

300,000

25,319

500,000

NAP

Hard

In Place

Yes

NAP

William J. Thompson and Jeffrey P. Reich

Refinance

52,000,000

45,907,809

1,109,172

682,192

4,300,826

52,000,000

NAP

Loan

Clifton Commons

4.6%

100.0%

WFB

NAP

405 Route 3

Clifton

Passaic

07014

Retail

Anchored

1999; 2003

NAP

187,794

266.25

50,000,000

5.56900%

NAP

235,264.47

NAP

2,823,173.64

Interest Only

Actual/360

120

117

120

117

5/6/2022

6/11/2022

NAP

5/11/2032

NAP

L(27),D(89),O(4)

8,468,969

3,995,819

4,473,150

4/30/2022

T-12

8,163,225

4,022,125

4,141,100

12/31/2021

T-12

8,289,300

3,348,409

4,940,891

12/31/2020

T-12

95.0%

8,066,189

3,498,397

4,567,792

37,559

273,487

4,256,747

1.62

1.51

9.1%

8.5%

72,200,000

As Is

3/22/2022

69.3%

100.0%

5/5/2022

AMC Theaters

65,043

34.6%

5/31/2024

Burlington

44,506

23.7%

2/29/2028

Barnes & Noble

35,658

19.0%

5/31/2034

Party City

11,071

5.9%

4/30/2029

The Shannon Rose

7,980

4.2%

11/30/2033

3/14/2022

NAP

3/14/2022

NAP

Yes - AE

Fee/Leasehold

1/6/2101

1, 98-year

131,284

Springing

3,130

187,794

27,387

328,640

110,000

Existing TI/LC Obligations Reserve

NAP

Hard

Springing

Yes

NAP

The Related Companies, L.P.

Refinance

50,000,000

802,606

50,802,606

49,973,817

587,505

241,284

50,802,606

NAP

Loan

One Campus Martius

4.2%

100.0%

MSBNA/JPMCB

MSMCH

NAP

1000 Woodward Avenue

Detroit

Wayne

48226

Office

CBD

2003

2019-2020

1,356,325

160.73

46,200,000

6.02000%

NAP

234,989.03

NAP

2,819,868.36

Interest Only

Actual/360

120

119

120

119

6/28/2022

8/1/2022

NAP

7/1/2032

NAP

L(25),D(91),O(4)

45,619,900

20,065,815

25,554,085

3/31/2022

T-12

44,198,961

19,173,640

25,025,321

12/31/2021

T-12

36,845,931

18,308,085

18,537,846

12/31/2020

T-12

86.5%

46,224,574

21,145,889

25,078,685

188,765

1,703,467

23,186,453

1.88

1.74

11.5%

10.6%

362,500,000

As Is

5/4/2022

60.1%

86.8%

6/27/2022

Rocket Mortgage

570,214

42.0%

12/31/2028

Meridian Health

266,001

19.6%

12/31/2024

Rock Ventures

66,059

4.9%

12/31/2028

Building Amenities Wellness Center LLC

50,116

3.7%

12/31/2035

Microsoft Corporation

43,795

3.2%

7/31/2025

5/27/2022

NAP

5/27/2022

NAP

Fee

NAP

3,926,163

560,880

Springing

28,230

677,530

1,500,000

169,541

4,000,000

3,851,373

Outstanding TI/LC

NAP

Hard

Springing

Yes

46,200,000

171,800,000

873,833.66

1,108,822.69

NAP

218,000,000

1,108,823

NAP

Bedrock Detroit

Rock Backer LLC

Refinance

218,000,000

187,609,949

1,363,413

9,305,766

19,720,871

218,000,000

NAP

Loan

Hilton Sandestin Beach Resort

4.0%

100.0%

WFB

NAP

4000 South Sandestin Boulevard

Miramar Beach

Walton

32550

Hospitality

Full Service

1984

2021

590

Rooms

203,389.83

44,000,000

4.62000%

NAP

171,752.78

NAP

2,061,033.36

Interest Only

Actual/360

120

117

120

117

4/22/2022

6/11/2022

NAP

5/11/2032

NAP

L(27),D(89),O(4)

75,104,336

52,820,529

22,283,807

3/31/2022

T-12

71,752,888

50,311,223

21,441,665

12/31/2021

T-12

39,220,621

36,998,218

2,222,403

12/31/2020

T-12

67.8%

75,104,831

51,506,519

23,598,313

3,004,193

20,594,119

4.20

3.66

19.7%

17.2%

331,000,000

As if renovated/stabilized

3/8/2022

36.3%

67.8%

3/31/2022

NAP

3/8/2022

NAP

3/8/2022

NAP

Fee

NAP

148,475

49,489

286,032

286,038

239,176

25,189,000

PIP Reserve Funds

NAP

Springing

Yes

44,000,000

76,000,000

296,663.89

468,416.67

NAP

120,000,000

468,417

NAP

SH General Partner, Inc.

Refinance

120,000,000

82,341,405

1,933,692

25,623,507

10,101,396

120,000,000

12/31/2044

11/10/1900

7/31/1900

1/0/1900

11/10/1900

7/31/1900

1/0/1900

11/12/1900

7/24/1900

1/0/1900

9/15/1900

4/25/1900

1/0/1900

Loan

Plaza on Richmond

4.0%

100.0%

WFB

NAP

5070-5176 Richmond Avenue and 3307 Sage Road

Houston

Harris

77056

Retail

Anchored

1960

2005; 2010

191,532

229.73

44,000,000

5.59500%

NAP

207,999.31

NAP

2,495,991.72

Interest Only

Actual/360

120

7/15/2022

9/11/2022

NAP

8/11/2032

NAP

L(24),DorYM1(92),O(4)

7,087,646

3,253,728

3,833,918

5/31/2022

T-12

7,099,832

3,203,518

3,896,313

12/31/2021

T-12

6,837,510

3,058,120

3,779,390

12/31/2020

T-12

95.0%

7,977,526

3,177,842

4,799,684

38,306

54,347

4,707,030

1.92

1.89

10.9%

10.7%

102,900,000

As Is

2/10/2022

42.8%

98.0%

7/1/2022

24 Hour Fitness

36,937

19.3%

10/31/2024

T.J. Maxx

29,273

15.3%

1/31/2028

Office Depot

17,566

9.2%

8/31/2024

Golf Galaxy

15,078

7.9%

5/31/2025

Ulta Salon

11,871

6.2%

1/31/2026

2/9/2022

NAP

2/8/2022

NAP

Fee

NAP

996,960

124,620

147,952

36,988

3,192

114,915

2,250,000

Springing

1,000,000

430,000

Outstanding TI/LC Reserve

NAP

Soft

Springing

Yes

NAP

Anwar Barbouti

Refinance

44,000,000

38,002,740

795,350

3,824,912

1,376,998

44,000,000

NAP

Loan

Cerritos Center Court

3.1%

100.0%

WFB

NAP

17777 Center Court Drive North

Cerritos

Los Angeles

90703

Office

Suburban

2002

2018

169,762

200.28

34,000,000

31,558,603

5.31400%

189,099.29

152,654.49

2,269,191.48

1,831,853.88

Interest Only, Amortizing Balloon

Actual/360

120

119

360

6/30/2022

8/11/2022

8/11/2027

7/11/2032

NAP

L(25),D(91),O(4)

6,249,344

2,664,220

3,585,124

4/30/2022

T-12

6,184,444

2,537,331

3,647,112

12/31/2021

T-12

6,100,453

2,206,814

3,893,639

12/31/2020

T-12

95.0%

6,397,288

2,703,413

3,693,875

39,045

9,762

3,645,068

1.63

1.61

10.9%

10.7%

50,400,000

As Is

5/3/2022

67.5%

62.6%

100.0%

6/28/2022

Spectrum Pacific West, LLC

52,506

30.9%

3/31/2024

Kabafusion

42,416

25.0%

2/28/2030

CCC Information Services, Inc.

22,031

13.0%

12/31/2027

RGN-Cerritos I, LLC

14,830

8.7%

9/30/2025

Prologis, L.P.

10,668

6.3%

5/31/2025

5/11/2022

NAP

5/11/2022

10%

Leasehold

3/8/2087

NAP

450,936

Yes

221,600

55,401

Springing

3,254

117,136

1,600,000

Springing

1,600,000

2,453,272

41,000

Existing TI/LC Reserve ($1,469,740); Rent Concession Reserve ($942,531.86); Ground Rent Reserve ($41,000)

NAP

Soft

Springing

Yes

NAP

Rohit Kumar and Jayaprasad Vejendla

Refinance

34,000,000

26,259,661

407,729

4,274,872

3,057,739

34,000,000

NAP

Loan

City Brewery

3.0%

100.0%

MSBNA

MSMCH

NAP

925 3rd Street South

La Crosse

54601

Industrial

Light Manufacturing

1914

2002

730,584

45.17

33,000,000

5.39000%

NAP

150,283.68

NAP

1,803,404.16

Interest Only

Actual/360

7/22/2022

9/7/2022

NAP

8/1/2027

NAP

YM1(24),DorYM1(29),O(7)

NAV

95.0%

3,642,432

109,437

3,532,995

73,058

137,145

3,322,791

1.96

1.84

10.7%

10.1%

59,600,000

As Is

6/21/2022

55.4%

100.0%

8/1/2022

Yes

City Brewing Company, LLC

730,584

100.0%

4/30/2047

NAP

2/24/2022

NAP

2/24/2022

NAP

Fee

NAP

Hard

In Place

Yes

NAP

GIC / Ancora and Blue Owl Capital / Oak Street Real Estate Capital

Blue Owl Capital Holdings LP and Blue Owl Capital Carry LP

Acquisition

NAP

Loan

Tisch Tower

2.8%

100.0%

WFB

NAP

3031 Tisch Way

San Jose

Santa Clara

95128

Office

Suburban

1970

2004

173,064

173.35

30,000,000

5.03500%

NAP

127,623.26

NAP

1,531,479.12

Interest Only

Actual/360

120

118

120

118

6/3/2022

7/11/2022

NAP

6/11/2032

NAP

L(26),D(90),O(4)

7,608,136

2,609,945

4,998,192

4/30/2022

T-12

7,655,066

2,622,421

5,032,645

12/31/2021

T-12

8,101,051

2,520,784

5,580,267

12/31/2020

T-12

77.4%

7,006,564

2,612,645

4,393,919

49,225

322,103

4,022,591

2.87

2.63

14.6%

13.4%

76,200,000

As Is

4/27/2022

39.4%

77.3%

6/1/2022

RGN-San Jose V, LLC (Regus)

29,456

17.0%

5/24/2027

William Jessup University

11,955

6.9%

8/31/2026

Balbix, Inc.

11,547

6.7%

5/14/2028

TAPCLICKS

7,865

4.5%

1/31/2024

Deep Valley Labs, LLC

5,216

3.0%

5/31/2024

5/3/2022

NAP

4/27/2022

5/3/2022

19%

Yes - D

Fee

NAP

Springing

254,034

Balbix Reserve Funds

NAP

Springing

Yes

NAP

Jon M. Muller and Stephen J. Muller

Refinance

30,000,000

22,957,970

523,982

254,034

6,264,015

30,000,000

NAP

Loan

Homewood Suites - Oxnard, CA

2.6%

100.0%

BANA

NAP

1950 and 1975 Solar Drive

Oxnard

Ventura

93036

Hospitality

Extended Stay

2010

2020

129

Rooms

215,891.47

27,850,000

5.84000%

NAP

137,419.12

NAP

1,649,029.44

Interest Only

Actual/360

120

7/15/2022

9/1/2022

NAP

8/1/2032

NAP

L(24),YM1(91),O(5)

10,466,627

4,075,085

6,391,542

5/31/2022

T-12

8,199,465

3,023,989

5,175,476

12/31/2021

T-12

5,539,888

2,854,092

2,685,796

12/31/2020

T-12

86.8%

8,964,735

4,302,865

4,661,870

358,589

4,303,281

2.83

2.61

16.7%

15.5%

50,400,000

As Is

4/21/2022

55.3%

86.8%

5/31/2022

NAP

5/31/2022

NAP

6/2/2022

5/31/2022

Fee

NAP

66,813

16,703

Springing

43,611

460,710

PIP Reserve

NAP

Hard

Springing

Yes

NAP

T.M. Mian

Refinance

27,850,000

8,828,124

206,197

527,523

18,288,156

27,850,000

5/17/2027

7/10/1900

6/15/1900

1/0/1900

7/10/1900

6/15/1900

1/0/1900

7/2/1900

6/6/1900

1/0/1900

6/13/1900

4/15/1900

1/0/1900

Loan

79 Fifth Avenue

2.3%

100.0%

WFB

NAP

79 Fifth Avenue

New York

10003

Office

CBD

1906

2016

345,751

694.14

25,000,000

4.92000%

NAP

103,923.61

NAP

1,247,083.32

Interest Only

Actual/360

120

117

120

117

4/29/2022

6/6/2022

NAP

5/6/2032

NAP

L(27),D(88),O(5)

26,934,139

8,571,958

18,362,181

12/31/2021

T-12

25,677,751

8,516,941

17,160,810

12/31/2020

T-12

25,370,674

8,285,155

17,085,519

12/31/2019

T-12

95.0%

29,320,118

9,216,627

20,103,491

78,388

693,116

19,331,988

1.68

1.61

8.4%

8.1%

395,000,000

As Is

2/24/2022

60.8%

100.0%

2/15/2022

The New School

212,800

61.5%

6/30/2030

CapGemini America, Inc.

64,500

18.7%

21,500 SF expiring 1/31/2027; 43,000 SF expiring 9/30/2027

Hulu LLC

40,106

11.6%

5/31/2025

Citibank, N.A.

14,872

4.3%

4/30/2028

Coach Inc

7,073

2.0%

1/31/2024

3/1/2022

NAP

3/4/2022

NAP

Fee

NAP

2,815,969

469,328

Springing

5,763

207,468

1,000,000

57,760

3,500,000

NAP

Hard

Springing

Yes

25,000,000

215,000,000

893,743.06

997,666.67

NAP

240,000,000

997,666.67

60.8%

1.61

8.4%

NAP

Albert Kalimian

Yes

Recapitalization

240,000,000

140,365,945

380,365,945

369,000,000

7,549,997

3,815,969

380,365,945

NAP

Loan

Evans Industrial

1.9%

100.0%

WFB

NAP

4301 Evans to Locks Road

Evans

Columbia

30809

Industrial

Warehouse

1982

2018; 2022

628,771

33.08

20,800,000

5.53000%

NAP

97,184.63

NAP

1,166,215.56

Interest Only

Actual/360

120

119

120

119

6/29/2022

8/11/2022

NAP

7/11/2032

NAP

L(25),D(91),O(4)

1,708,168

460,191

1,247,977

5/31/2022

T-12

1,707,850

423,123

1,284,727

12/31/2021

T-12

2,160,914

511,699

1,649,215

12/31/2020

T-12

95.0%

2,842,956

584,930

2,258,025

94,316

-42,807

2,206,517

1.94

1.89

10.9%

10.6%

32,000,000

As Is

5/24/2022

65.0%

100.0%

6/1/2022

Bennett Distribution

280,721

44.6%

180,704 SF expiring 2/28/2023; 100,017 SF expiring 3/31/2023

RecTeq

266,797

42.4%

5/31/2023

Durty Gurl

41,253

6.6%

8/31/2026

ENS Mining LLC

40,000

6.4%

1/31/2025

NAP

5/31/2022

NAP

5/20/2022

NAP

Fee

NAP

38,709

4,301

53,568

6,696

7,860

2,000,000

Springing

2,000,000

1,850,000

Recteq Reserve Funds

NAP

Hard

In Place

Yes

NAP

Charles W. Hock, Jr. and John H. Burriss, Sr.

Refinance

NAP

Loan

Marnell Corporate Center 3

1.5%

100.0%

WFB

NAP

6725 Via Austi Parkway

Las Vegas

Clark

89119

Office

Suburban

2005

NAP

69,304

230.87

16,000,000

13,344,213

5.37800%

89,625.32

NAP

1,075,503.84

NAP

Amortizing Balloon

Actual/360

120

360

7/15/2022

9/11/2022

8/11/2032

NAP

L(24),D(92),O(4)

1,985,958

573,413

1,412,546

5/31/2022

T-12

2,015,972

557,656

1,458,316

12/31/2021

T-12

1,923,710

566,477

1,357,233

12/31/2020

T-12

88.2%

2,157,638

559,312

1,598,326

16,633

16,306

1,565,388

1.49

1.46

10.0%

9.8%

23,500,000

As Is

6/7/2022

68.1%

56.8%

88.0%

6/15/2022

Commerce Crg of Nevada LLC

10,000

14.4%

12/31/2024

First Foundation Inc

9,982

14.4%

1/31/2027

Everythingbranded Inc

6,171

8.9%

7/31/2025

CU Answers, Inc.

5,940

8.6%

1/31/2026

IA American Warranty, L.P.

5,466

7.9%

9/30/2027

6/14/2022

NAP

6/9/2022

NAP

Fee

NAP

24,402

12,201

4,496

2,248

1,387

700,000

5,776

141,803

Rent Concession Reserve

NAP

Soft

Springing

Yes

NAP

Keith Kantrowitz, Ryan Tedder and RBT Preservation Trust

Yes

Acquisition

NAP

Loan

4520 S Drexel Boulevard

1.4%

100.0%

MSBNA

MSMCH

NAP

4520 South Drexel Boulevard

Chicago

Cook

60653

Multifamily

Low Rise

1922

2021

Units

226,470.59

15,400,000

6.15000%

NAP

80,021.18

NAP

960,254.16

Interest Only

Actual/360

120

118

120

118

5/25/2022

7/1/2022

NAP

6/1/2032

NAP

L(26),D(89),O(5)

NAV

95.0%

1,563,749

319,292

1,244,457

17,000

1,227,457

1.30

1.28

8.1%

8.0%

23,600,000

As Is

5/3/2022

65.3%

100.0%

5/1/2022

NAP

5/23/2022

NAP

5/13/2022

NAP

Fee

NAP

31,086

7,771

12,318

2,464

1,417

NAP

Springing

Yes

NAP

John Lowenstein and Raphael Lowenstein

Refinance

NAP

Loan

2355 and 2383 Utah Ave

1.3%

100.0%

MSBNA

MSMCH

NAP

2355 and 2383 Utah Avenue

El Segundo

Los Angeles

90245

Office

Suburban

1968

2014

202,813

419.11

14,000,000

5.64000%

NAP

66,713.89

NAP

800,566.68

Interest Only

Actual/360

4/18/2022

6/1/2022

NAP

5/1/2027

NAP

L(27),D(29),O(4)

8,593,454

1,517,495

7,075,958

12/31/2021

T-12

6,878,414

1,495,168

5,383,246

12/31/2020

T-12

6,647,195

1,467,209

5,179,986

12/31/2019

T-12

95.0%

9,858,654

1,838,283

8,020,370

40,563

661,170

7,318,637

1.65

1.51

9.4%

8.6%

148,000,000

As Is

2/22/2022

57.4%

100.0%

6/1/2022

Yes

Kite Pharma, Inc.

202,813

100.0%

9/1/2029

NAP

3/4/2022

NAP

3/4/2022

10%

Fee

NAP

119,754

59,877

Springing

3,380

3,125

9,221,405

Free Rent ($1,895,914.74), Outstanding Tenant Allowance ($7,325,490)

NAP

Hard

In Place

Yes

14,000,000

71,000,000

338,334.72

405,048.61

NAP

85,000,000

405,048.61

57.4%

1.51

9.4%

NAP

NSB Associates, Inc.

Robyn Lee Field and Lisa Suzanne Field

Refinance

NAP

Loan

Alcoa Crossing Shopping Center

1.3%

100.0%

WFB

NAP

7301-7409 Alcoa Road and 20725, 20815, and 20825 I-30 South

Various

Retail

Anchored

2006

NAP

137,351

101.93

14,000,000

5.28000%

NAP

62,455.56

NAP

749,466.72

Interest Only

Actual/360

120

7/13/2022

9/11/2022

NAP

8/11/2032

NAP

L(24),DorYM1(92),O(4)

2,818,939

631,777

2,187,162

3/31/2021

T-12

2,703,822

632,050

2,071,773

12/31/2020

T-12

2,514,743

645,604

1,869,140

12/31/2019

T-12

93.4%

2,920,891

574,895

2,345,996

37,085

116,836

2,192,075

3.13

2.92

16.8%

15.7%

31,500,000

As Is

4/26/2022

44.4%

95.2%

4/22/2022

Burlington

30,134

21.9%

2/28/2030

Petco

13,750

10.0%

12/31/2029

Shoe Carnival

10,152

7.4%

9/30/2031

Five Below

9,000

6.6%

1/31/2029

Kirklands

6,500

4.7%

1/31/2025

5/2/2022

NAP

4/29/2022

NAP

Fee

NAP

88,212

22,053

Springing

3,091

10,416

624,947

NAP

Springing

Yes

NAP

Mark D. Hall and Mark D. Hall Revocable Trust, F/K/A Mark Hall Family Revocable Trust Dated January 31, 2007

Yes

Refinance

NAP

Loan

Industrial Center Building - Art Studios

1.2%

100.0%

WFB

NAP

480 Gate 5 Road

Sausalito

Marin

94965

Industrial

Flex

1942

2002

98,601

129.31

12,750,000

4.93900%

NAP

53,205.72

NAP

638,468.64

Interest Only

Actual/360

120

118

120

118

5/27/2022

7/11/2022

NAP

6/11/2032

NAP

L(26),D(87),O(7)

2,466,648

995,100

1,471,548

5/31/2022

T-12

2,436,246

972,155

1,464,092

12/31/2021

T-12

2,428,279

944,567

1,483,712

12/31/2020

T-12

82.6%

2,487,294

973,156

1,514,138

14,790

74,619

1,424,729

2.37

2.23

11.9%

11.2%

29,900,000

As Is

4/14/2022

42.6%

84.1%

4/19/2022

Trigen & Tellason, LLC

3,298

3.3%

5/31/2023

Backen & Backen

2,037

2.1%

8/31/2026

Art2Life, LLC

1,907

1.9%

11/30/2022

Daren Joy

1,799

1.8%

583 SF expiring 03/31/2022; 1,216 SF expiring 12/31/2023

Wo Schiffman

1,532

1.6%

8/31/2024

4/25/2022

NAP

4/25/2022

4/21/2022

18%

Yes - AE

Fee

NAP

52,404

13,101

Springing

NAP

Springing

Yes

NAP

Peter B. Sullivan

Refinance

NAP

Loan

Kensington Suites

1.1%

100.0%

WFB

Group 2

NAP

2200 West Bonanza Road

Las Vegas

Clark

89106

Multifamily

Low Rise

1998

NAP

192

Units

61,718.75

11,850,000

11,109,545

6.05900%

71,496.86

60,663.63

857,962.32

727,963.56

Interest Only, Amortizing Balloon

Actual/360

120

360

7/25/2022

9/11/2022

9/11/2027

8/11/2032

NAP

L(24),D(92),O(4)

2,459,138

1,221,097

1,238,042

6/30/2022

T-12

2,170,113

1,063,668

1,106,445

12/31/2021

T-12

1,783,192

1,051,457

731,736

12/31/2020

T-12

95.0%

2,922,433

1,250,398

1,672,035

57,600

1,614,435

1.95

1.88

14.1%

13.6%

23,400,000

As Is

6/22/2022

50.6%

47.5%

94.3%

7/1/2022

NAP

6/23/2022

NAP

6/23/2022

NAP

Fee

NAP

19,497

6,498

119,211

13,246

4,800

172,800

NAP

Springing

Yes

NAP

Milton M. Mabry Jr., Wendy J. Romano, The 1999 Milton and Michelle Mabry Family Trust and The Wendy J. Romano Trust

Refinance

NAP

Loan

Aviator Suites

0.9%

100.0%

WFB

Group 2

NAP

4244 North Las Vegas Boulevard

Las Vegas

Clark

89115

Multifamily

Low Rise

1997

NAP

188

Units

53,191.49

10,000,000

9,375,144

6.05900%

60,334.90

51,192.94

724,018.80

614,315.28

Interest Only, Amortizing Balloon

Actual/360

120

360

7/25/2022

9/11/2022

9/11/2027

8/11/2032

NAP

L(24),D(92),O(4)

2,026,394

980,889

1,045,505

6/30/2022

T-12

1,866,972

904,882

962,090

12/31/2021

T-12

1,620,581

862,103

758,478

12/31/2020

T-12

92.6%

2,429,219

995,048

1,434,170

56,400

1,377,770

1.98

1.90

14.3%

13.8%

21,700,000

As Is

6/22/2022

46.1%

43.2%

98.4%

7/1/2022

NAP

6/22/2022

NAP

6/23/2022

NAP

Fee

NAP

7,833

3,047

Springing

4,700

169,200

49,375

NAP

Springing

Yes

NAP

Milton M. Mabry Jr., Wendy J. Romano, The 1999 Milton and Michelle Mabry Family Trust and The Wendy J. Romano Trust

Refinance

NAP

Loan

Melville Corporate Plaza

0.8%

100.0%

WFB

Group 1

NAP

25 Melville Park Road

Melville

Suffolk

11747

Office

Suburban

1966

1988

98,624

91.05

9,000,000

8,980,123

7,447,774

5.13000%

49,031.52

NAP

588,378.24

NAP

Amortizing Balloon

Actual/360

120

118

360

358

5/26/2022

7/11/2022

6/11/2032

NAP

L(26),D(90),O(4)

1,853,157

696,595

1,156,562

1/31/2022

T-12

1,820,359

794,805

1,025,554

12/31/2020

T-12

1,980,868

758,953

1,221,915

12/31/2019

T-12

95.0%

2,233,167

797,389

1,435,778

18,739

59,327

1,357,713

2.44

2.31

16.0%

15.1%

20,200,000

As Is

4/28/2022

44.5%

36.9%

100.0%

5/23/2022

United Mortgage

17,891

18.1%

3/31/2023

Desi Décor

13,655

13.8%

9/30/2027

East Coast Capital

12,112

12.3%

8/31/2028

New Hyde Work Force Inc

11,994

12.2%

5/31/2032

G J Construction

11,497

11.7%

9/30/2027

4/22/2022

NAP

4/22/2022

NAP

Fee

NAP

37,960

18,980

19,327

2,761

1,644

300,000

12,328

500,000

NAP

Springing

Yes

NAP

Vimal K. Goyal

Refinance

NAP

Loan

Omega Self Storage - Mineola

0.7%

100.0%

WFB

Group 1

NAP

99 East 2nd Street

Mineola

Nassau

11501

Self Storage

1958

1995

47,585

167.73

8,000,000

7,981,633

6,580,648

4.94400%

42,672.35

NAP

512,068.20

NAP

Amortizing Balloon

Actual/360

120

118

360

358

5/19/2022

7/11/2022

6/11/2032

NAP

L(26),D(90),O(4)

1,202,848

271,981

930,867

3/31/2022

T-12

1,070,818

264,918

805,900

12/31/2021

T-12

957,585

283,284

674,301

12/31/2020

T-12

95.0%

1,385,214

313,710

1,071,504

4,759

1,066,745

2.09

2.08

13.4%

18,050,000

As Is

4/8/2022

44.2%

36.5%

98.0%

3/31/2022

NAP

4/20/2022

NAP

4/20/2022

NAP

Fee

NAP

24,388

12,194

15,433

1,403

397

NAP

Springing

Yes

NAP

Vimal K. Goyal

Refinance

NAP

Loan

5500 South Hattie

0.7%

100.0%

MSBNA

MSMCH

NAP

5500 South Hattie Avenue

Oklahoma City

Oklahoma

73129

Industrial

Warehouse

1966

2019

221,512

35.44

7,850,000

5.86000%

NAP

38,866.59

NAP

466,399.08

Interest Only

Actual/360

120

118

120

118

5/5/2022

7/1/2022

NAP

6/1/2032

NAP

L(26),D(90),O(4)

641,565

96,479

545,086

12/31/2021

T-12

485,602

90,353

395,248

12/31/2020

T-12

327,825

56,746

271,080

12/31/2019

T-12

95.0%

964,782

185,287

779,495

22,151

33,227

724,117

1.67

1.55

9.9%

9.2%

12,800,000

As Is

1/18/2022

61.3%

100.0%

4/1/2022

Yes

Western Industries Corporation

221,512

100.0%

86,400 SF expiring 4/30/2035; 135,112 SF expiring 7/31/2049

NAP

1/25/2022

NAP

1/25/2022

NAP

Fee

NAP

20,657

2,951

Springing

3,692

NAP

Hard

Springing

Yes

NAP

James P. Robertson, Chris A. Bruehl and Western Industries Corporation

Refinance

NAP

Loan

Montfort Park Office

0.7%

100.0%

MSBNA

MSMCH

NAP

13747 Montfort Drive

Dallas

75240

Office

Suburban

1980

2004; 2019

78,445

96.88

7,600,000

6.31000%

NAP

40,518.38

NAP

486,220.56

Interest Only

Actual/360

120

119

120

119

6/14/2022

8/1/2022

NAP

7/1/2032

NAP

L(25),D(90),O(5)

1,087,649

458,392

629,257

3/31/2022

T-12

1,039,671

453,205

586,466

12/31/2021

T-12

827,473

436,467

391,006

12/31/2020

T-12

90.0%

1,327,135

520,377

806,758

18,827

49,816

738,115

1.66

1.52

10.6%

9.7%

11,750,000

As Is

4/15/2022

64.7%

89.6%

5/1/2022

Information Processing Corp

6,207

7.9%

8/31/2023

Glazer Financial Network

5,988

7.6%

7/31/2024

SE3 LLC

4,055

5.2%

9/30/2026

Innovative TCS LLC

3,444

4.4%

3/31/2025

Law Offices of James Vasilas

3,377

4.3%

1/31/2027

4/29/2022

NAP

4/29/2022

NAP

Fee

NAP

71,330

10,190

Springing

1,569

200,000

Springing

200,000

16,375

54,710

Free Rent Reserve ($14,369.00); Suite 320/Outstanding Leasing Costs Reserve ($40,341.00)

NAP

Hard

In Place

Yes

NAP

Gene Kern, Cash Kern and James Hill

Refinance

NAP

Loan

Titan Self Storage Portfolio

0.7%

MSBNA

MSMCH

NAP

Various

Self Storage

Various

230,129

32.85

7,560,000

6.20000%

NAP

39,602.50

NAP

475,230.00

Interest Only

Actual/360

120

119

120

119

6/13/2022

8/1/2022

NAP

7/1/2032

NAP

L(25),D(91),O(4)

1,044,545

390,761

653,784

3/31/2022

T-12

973,083

370,797

602,285

12/31/2021

T-12

671,554

278,462

393,093

12/31/2020

T-12

85.9%

1,339,751

533,761

805,989

42,643

763,347

1.70

1.61

10.7%

10.1%

12,695,000

As Is

Various

59.6%

94.7%

4/30/2022

43,534

8,976

4,326

2,163

3,554

85,286

50,126

NAP

Springing

Yes

NAP

Hugh D. Cohen, Brian E. Boehmcke and Joel T. Flax

Yes

Acquisition

NAP

28.01

Property

American SS (Oakwood Ave, Danville)

0.1%

14.6%

2200 Oakwood Avenue

Danville

Vermilion

61832

Self Storage

1980

NAP

30,434

1,101,694

197,645

78,968

118,678

3/31/2022

T-12

187,120

75,463

111,657

12/31/2021

T-12

169,927

76,713

93,214

12/31/2020

NAV

93.9%

210,236

88,238

121,998

4,565

117,433

1,850,000

As Is

4/20/2022

93.9%

4/30/2022

NAP

4/22/2022

NAP

4/22/2022

NAP

Fee

NAP

28.02

Property

Yorkville SS (Yorkville, IL)

0.1%

12.6%

1602 North Bridge Street

Yorkville

Kendall

60560

Self Storage

1995

NAP

21,270

952,816

162,905

66,985

95,920

3/31/2022

T-12

146,675

61,239

85,435

12/31/2021

T-12

143,756

70,422

73,334

12/31/2020

T-12

95.0%

183,280

73,077

110,203

3,191

107,013

1,600,000

As Is

4/20/2022

98.6%

4/30/2022

NAP

4/22/2022

NAP

4/19/2022

NAP

Fee

NAP

28.03

Property

American Mini (Albertville, AL)

0.1%

12.2%

912 Highland Avenue

Albertville

Marshall

35951

Self Storage

1998

2005

33,402

923,041

173,929

61,677

112,251

3/31/2022

T-12

163,450

57,666

105,785

12/31/2021

T-12

123,829

47,188

76,642

12/31/2020

T-12

82.5%

167,752

68,209

99,543

5,010

94,533

1,550,000

As Is

4/23/2022

94.0%

4/30/2022

NAP

4/22/2022

NAP

4/22/2022

NAP

Fee

NAP

28.04

Property

Climate Controlled (Franklin, NC)

0.1%

12.2%

5100 Georgia Road and 6413 Georgia Road

Franklin

Macon

28734

Self Storage

1999

NAP

15,143

923,041

161,948

61,382

100,567

3/31/2022

T-12

139,257

58,642

80,615

12/31/2021

T-12

49,427

26,704

22,723

12/31/2020

T-12

95.0%

165,650

69,016

96,634

2,279

94,355

1,550,000

As Is

4/15/2022

98.5%

4/30/2022

NAP

4/22/2022

NAP

4/21/2022

NAP

Fee

NAP

28.05

Property

American SS 2 (Henning Rd, Danville)

0.1%

8.7%

505 North Henning Road

Danville

Vermilion

61832

Self Storage

1980

NAP

21,200

655,061

NAV

60.5%

80,426

52,241

28,185

3,195

24,990

1,100,000

As Is

4/20/2022

93.9%

4/30/2022

NAP

4/22/2022

NAP

4/22/2022

NAP

Fee

NAP

28.06

Property

Hampton Storage (Hampton, TN)

0.1%

8.7%

461 US Route 321

Hampton

Carter

37658

Self Storage

1998

NAP

23,830

655,060

132,313

45,335

86,978

3/31/2022

T-12

128,972

45,192

83,780

12/31/2021

T-12

121,990

29,484

88,257

12/31/2020

T-12

95.0%

127,641

35,281

92,360

6,183

86,177

1,100,000

As Is

4/12/2022

99.1%

4/30/2022

NAP

4/22/2022

NAP

4/22/2022

NAP

Fee

NAP

28.07

Property

Fort Payne Mini (Fort Payne, AL)

0.1%

8.0%

156 45th Street Northeast

Fort Payne

DeKalb

35967

Self Storage

1985

NAP

24,480

607,420

119,752

38,584

81,168

3/31/2022

T-12

114,888

35,122

79,766

12/31/2021

T-12

NAV

95.0%

118,265

36,176

82,089

3,427

78,662

1,020,000

As Is

4/23/2022

100.0%

4/30/2022

NAP

4/20/2022

NAP

4/20/2021

NAP

Fee

NAP

28.08

Property

Mansfield Mini (Mansfield, LA)

0.1%

7.9%

126 Plaza Drive

Mansfield

De Soto

71052

Self Storage

1995

NAP

19,700

595,510

74,188

19,987

54,202

3/31/2022

T-3 Annualized

NAV

70.7%

87,721

25,358

62,363

2,955

59,408

1,000,000

As Is

4/19/2022

83.7%

4/30/2022

NAP

4/27/2022

NAP

4/26/2022

NAP

Fee

NAP

28.09

Property

Antra Mini (Monroe, LA)

0.1%

7.7%

3128 Armand Street

Monroe

Ouachita

71201

Self Storage

1977

NAP

21,250

580,622

104,917

32,631

72,286

3/31/2022

T-3 Annualized

NAV

78.2%

101,088

33,714

67,374

8,925

58,449

975,000

As Is

4/19/2022

88.8%

4/30/2022

NAP

4/27/2022

NAP

4/27/2022

NAP

Yes - AO

Fee

NAP

28.10

Property

Wright Storage (Hiawatha, IA)

0.1%

7.5%

735 Ryan Avenue

Hiawatha

Linn

52233

Self Storage

1989; 1992; 1994

NAP

19,420

565,735

96,052

37,830

58,222

3/31/2022

T-12

92,721

37,473

55,248

12/31/2021

T-12

62,626

23,703

38,923

12/31/2020

NAV

92.9%

97,692

52,452

45,240

2,913

42,327

950,000

As Is

4/15/2022

95.9%

4/30/2022

NAP

4/20/2022

NAP

4/22/2021

NAP

Fee

NAP

Loan

Flatlands Shopping Center

0.7%

100.0%

MSBNA

MSMCH

NAP

1890-1960 Ralph Avenue

Brooklyn

Kings

11234

Retail

Single Tenant

1961

2008

66,395

109.95

7,300,000

6,111,315

5.50000%

41,448.60

NAP

497,383.20

NAP

Amortizing Balloon

Actual/360

120

360

7/7/2022

9/1/2022

8/1/2032

NAP

L(24),D(92),O(4)

NAV

95.0%

2,085,957

930,490

1,155,467

2.32

15.8%

28,200,000

As Is

5/9/2022

25.9%

21.7%

100.0%

8/1/2022

Yes

Flatlands Shopping Center Associates

66,395

100.0%

12/31/2061

NAP

5/19/2022

NAP

6/7/2022

NAP

Fee

NAP

155,082

77,541

Springing

237,979

53,212

NAP

Springing

Yes

NAP

Burt A. Lewis

Refinance

NAP

Loan

All Climate Storage Center

0.7%

100.0%

BANA

NAP

17485, 17515 and 17495 Shady Road

Lewes

Sussex

19958

Self Storage

2004, 2013

NAP

64,496

112.41

7,250,000

5.41500%

NAP

33,170.01

NAP

398,040.12

Interest Only

Actual/360

120

7/6/2022

9/1/2022

NAP

8/1/2032

NAP

L(24),D(92),O(4)

987,002

313,528

673,474

5/31/2022

T-12

943,812

292,228

651,584

12/31/2021

T-12

855,067

272,869

582,198

12/31/2020

T-12

86.0%

1,020,114

278,927

741,187

9,674

731,513

1.86

1.84

10.2%

10.1%

14,140,000

As Is

5/27/2022

51.3%

97.0%

5/31/2022

NAP

5/24/2022

NAP

5/24/2022

NAP

Fee

NAP

28,322

2,360

Springing

806

NAP

Springing

Yes

NAP

Brian Lessard

Refinance

NAP

Loan

American Self-Storage Harrisburg

0.6%

100.0%

MSBNA

MSMCH

NAP

2942 North Carolina Highway 49

Harrisburg

Cabarrus

28075

Self Storage

2008

NAP

67,103

105.29

7,065,500

5.28000%

NAP

31,519.98

NAP

378,239.76

Interest Only

Actual/360

120

7/6/2022

9/1/2022

NAP

8/1/2032

NAP

L(24),D(92),O(4)

839,800

180,029

659,771

4/30/2022

T-12

774,780

183,170

591,610

12/31/2021

NAV

573,912

118,713

455,199

12/31/2020

NAV

76.3%

901,521

195,757

705,764

10,143

695,621

1.87

1.84

10.0%

9.8%

11,350,000

As Is

5/10/2022

62.3%

82.5%

4/30/2022

NAP

5/10/2022

NAP

5/10/2022

NAP

Yes - AE

Fee

NAP

28,683

2,462

5,202

Springing

845

NAP

Springing

Yes

NAP

Robert J. Kapp

Refinance

NAP

Loan

Crossings at Indian Lake Village

0.6%

100.0%

WFB

NAP

112 B and C Saundersville Road

Hendersonville

Sumner

37075

Retail

Unanchored

2008

NAP

37,614

177.06

6,660,000

5.38100%

NAP

30,279.34

NAP

363,352.08

Interest Only

Actual/360

120

117

120

117

5/6/2022

6/11/2022

NAP

5/11/2032

NAP

L(27),DorYM1(86),O(7)

867,176

236,223

630,953

3/31/2022

T-12

882,053

222,344

659,709

12/31/2020

T-12

860,146

260,839

599,307

12/31/2019

T-12

88.8%

929,277

230,047

699,230

3,761

37,171

658,297

1.92

1.81

10.5%

9.9%

12,225,000

As Is

4/1/2022

54.5%

88.9%

5/1/2022

Chinese Buffet & Grill

5,007

13.3%

12/31/2025

Paramount Family Den

2,680

7.1%

4/30/2024

Blue Coast Burrito

2,500

6.6%

6/30/2024

Huntington Learning

2,500

6.6%

12/31/2028

The Smokey Cigar Com

2,280

6.1%

12/31/2026

4/6/2022

NAP

4/6/2022

NAP

Fee

NAP

23,636

5,909

Springing

627

112,842

Springing

112,842

152,522

Gap Rent Reserves

NAP

Springing

Yes

NAP

Jeffrey Seltzer

Refinance

NAP

Loan

Montgomery Tech Center

0.6%

100.0%

WFB

NAP

3888 Calle Fortunada

San Diego

92123

Industrial

Warehouse

1981

2013

30,528

205.55

6,275,000

5.53200%

NAP

29,329.52

NAP

351,954.24

Interest Only

Actual/360

120

117

120

117

5/6/2022

6/11/2022

NAP

5/11/2032

NAP

L(27),YM1(89),O(4)

774,149

158,574

615,576

2/28/2022

T-12

697,557

170,042

527,514

12/31/2020

T-12

702,755

193,566

509,189

12/31/2019

T-12

95.0%

725,141

179,296

545,845

10,560

535,284

1.55

1.52

8.7%

8.5%

10,980,000

As Is

3/2/2022

57.1%

100.0%

8/1/2022

Yes

Tesla, Inc., a Delaware corporation

30,528

100.0%

6/30/2031

NAP

2/25/2022

NAP

2/25/2022

10%

Fee

NAP

4,227

Springing

202,516

255

9,180

2,544

801,360

Existing TI/LC Reserve Funds

NAP

Hard

Springing

Yes

NAP

E. Tyler Miller, III, Grant Mathew Miller, E. Tyler Miller, III 2011 Revocable Trust, and Grant Matthew Miller 2011 Revocable Trust

Yes

Refinance

NAP

Loan

Prestige Storage Portfolio

0.6%

MSBNA

MSMCH

NAP

Various

Self Storage

Various

73,224

83.31

6,100,000

5.86000%

NAP

30,202.06

NAP

362,424.72

Interest Only

Actual/360

120

7/27/2022

9/1/2022

NAP

8/1/2032

NAP

L(24),D(89),O(7)

971,782

493,802

477,980

6/30/2022

T-12

956,342

456,767

499,575

12/31/2021

T-12

842,839

464,291

378,548

12/31/2020

T-12

91.2%

982,780

409,396

573,384

7,322

566,062

1.58

1.56

9.4%

9.3%

9,600,000

As Is

Various

63.5%

93.9%

7/10/2022

26,570

13,285

Springing

200,000

610

28,344

NAP

Springing

Yes

NAP

Brett Hatcher and Cory Bonda

Acquisition

NAP

34.01

Property

Portage Budget Storage

0.4%

71.4%

6741 South Sprinkle Road

Portage

Kalamazoo

49002

Self Storage

1994

2003

55,694

4,352,604

681,521

386,108

295,413

6/30/2022

T-12

655,970

343,038

312,932

12/31/2021

T-12

561,419

356,708

204,711

12/31/2020

T-12

89.8%

681,521

310,334

371,187

5,569

365,618

6,850,000

As Is

6/6/2022

90.9%

7/10/2022

NAP

5/25/2022

NAP

TBD

NAP

Fee

NAP

34.02

Property

North Huron Self Storage

0.2%

28.6%

626 North Huron Street

Ypsilanti

Washtenaw

48197

Self Storage

1983

NAP

17,530

1,747,396

290,261

107,694

182,567

6/30/2022

T-12

300,372

113,729

186,643

12/31/2021

T-12

281,420

107,583

173,837

12/31/2020

T-12

94.8%

301,259

99,062

202,197

1,753

200,444

2,750,000

As Is

6/2/2022

99.2%

7/10/2022

NAP

6/7/2022

NAP

TBD

NAP

Fee

NAP

Loan

241-11 Linden Blvd

0.6%

100.0%

MSBNA

MSMCH

NAP

241-11 Linden Boulevard

Elmont

Nassau

11003

Retail

Unanchored

1949

NAP

34,830

172.27

6,000,000

5.42000%

NAP

27,476.39

NAP

329,716.68

Interest Only

Actual/360

120

118

120

118

5/9/2022

7/1/2022

NAP

6/1/2032

NAP

L(26),D(90),O(4)

1,027,044

275,209

751,834

12/31/2021

T-12

938,555

266,965

671,590

12/31/2020

T-12

982,889

261,868

721,021

12/31/2019

T-12

86.6%

998,919

304,283

694,636

5,553

46,324

642,759

2.11

1.95

11.6%

10.7%

12,000,000

As Is

4/5/2022

50.0%

100.0%

4/5/2022

Associated Supermarket (Linden Food Corp)

8,250

23.7%

12/1/2034

Liquor Warehouse NY Inc

3,150

9.0%

12/31/2030

Hush Restaurant & Lounge

3,000

8.6%

9/30/2032

NuSpecies Corporation

2,200

6.3%

4/30/2025

Barbees Restaurant & Lounge Inc

1,700

4.9%

6/30/2027

1/28/2022

NAP

1/28/2022

NAP

Fee

NAP

16,954

Springing

463

11,107

5,747

137,927

1,875

NAP

Springing

Yes

NAP

Iosif Abramov and Rudolf Abramov

Refinance

NAP

Loan

Best Western - Laredo, TX

0.5%

100.0%

BANA

NAP

1410 Hospitality Drive

Laredo

Webb

78045

Hospitality

Limited Service

2006

NAP

Rooms

74,911.80

6,000,000

5,992,944

4,726,501

6.41100%

40,179.39

NAP

482,152.68

NAP

Amortizing Balloon

Actual/360

120

119

300

299

6/24/2022

8/1/2022

7/1/2032

NAP

L(25),D(90),O(5)

2,581,757

1,426,678

1,155,079

4/30/2022

T-12

2,408,184

1,369,724

1,038,460

12/31/2021

T-12

1,514,913

1,604,183

(89,270)

12/31/2020

T-12

80.0%

2,489,181

1,572,074

917,107

99,567

817,540

1.90

1.70

15.3%

13.6%

9,900,000

As Is

4/7/2022

60.5%

47.7%

83.0%

4/30/2022

NAP

5/24/2022

NAP

6/1/2022

NAP

Fee

NAP

78,796

8,755

18,805

3,134

8,297

22,500

2,074

PIP Reserve

NAP

Springing

Yes

NAP

Ronald R. Trujillo

Refinance

1/29/2023

4/13/1900

3/23/1900

1/0/1900

4/13/1900

3/27/1900

1/0/1900

4/13/1900

3/21/1900

1/0/1900

4/10/1900

2/20/1900

1/0/1900

Loan

Teaneck Gardens

0.5%

100.0%

MSBNA

MSMCH

NAP

1499 West Terrace Circle

Teaneck

Bergen

07666

Multifamily

Cooperative

1949

NAP

204

Units

29,338.57

6,000,000

5,985,068

4,871,294

4.55000%

30,579.63

NAP

366,955.56

NAP

Amortizing Balloon

Actual/360

120

118

360

358

5/11/2022

7/1/2022

6/1/2032

NAP

L(23),YM1(90),O(7)

NAP

94.9%

4,008,367

1,421,898

2,586,469

51,000

2,535,469

7.05

6.91

43.2%

42.4%

42,500,000

As Is

4/13/2022

14.1%

11.5%

100.0%

4/13/2022

NAP

4/12/2022

NAP

4/12/2022

NAP

Fee

NAP

96,457

48,229

13,770

6,885

4,250

16,000

NAP

None

NAP

Yes

Subordinate Financing

NAP

Refinance

NAP

50,700,000

11.8%

8.3%

NAV

Loan

Heber Self Storage

0.5%

100.0%

BANA

NAP

95 West 1580 South

Heber

Wasatch

84032

Self Storage

2019

NAP

64,085

92.07

5,900,000

6.34300%

NAP

31,619.56

NAP

379,434.72

Interest Only

Actual/360

120

119

120

119

6/15/2022

8/1/2022

NAP

7/1/2032

NAP

L(25),YM1(91),O(4)

683,310

260,617

422,693

4/30/2022

T-12

579,874

247,490

332,384

12/31/2021

T-12

289,598

249,506

40,092

12/31/2020

T-12

90.6%

801,342

247,346

553,996

9,613

544,383

1.46

1.43

9.4%

9.2%

11,170,000

As Is

5/18/2022

52.8%

96.0%

4/30/2022

NAP

5/20/2022

NAP

5/23/2022

NAP

Fee

NAP

36,929

4,103

Springing

801

NAP

Springing

Yes

NAP

Cirrus Group

TA Holdings LLC

Refinance

NAP

Loan

Treeborn & Cedar Gate Portfolio

0.5%

100.0%

WFB

NAP

460 East Dayton Yellow Springs Road, 860 Hunter Road, 20-40 Twin Lakes Drive and 100-106 East Sunny Brook Trail

Various

Multifamily

Garden

1978

NAP

153

Units

36,601.31

5,600,000

5.68100%

NAP

26,879.55

NAP

322,554.60

Interest Only

Actual/360

120

7/19/2022

9/11/2022

NAP

8/11/2032

NAP

L(24),D(92),O(4)

1,156,685

591,157

565,528

6/30/2022

T-12

1,123,245

603,061

520,184

12/31/2021

T-12

1,106,137

578,817

527,320

12/31/2020

T-12

95.0%

1,205,972

592,664

613,308

44,829

568,479

1.90

1.76

11.0%

10.2%

9,600,000

As Is

5/6/2022

58.3%

96.1%

6/30/2022

NAP

5/23/2022

NAP

Various

NAP

Yes - AE

Fee

NAP

16,864

8,432

Springing

3,736

76,094

101,173

Springing

Personal Tax Reserve Funds ($55,978); Enviornmental Reserve Funds ($45,195)

NAP

Springing

Yes

NAP

Ernest E. Tschannen and Tschannen Revocable Living Trust Dated April 19, 2007, as amended by that certain amendment eight dated October 22, 2021

Refinance

NAP

Loan

Omega Self Storage Island Park

0.5%

100.0%

WFB

Group 1

NAP

4178 Industrial Place & 4154 Austin Boulevard

Island Park

Nassau

11558

Self Storage

1987

NAP

38,720

141.72

5,500,000

5,487,372

4,524,195

4.94400%

29,337.24

NAP

352,046.88

NAP

Amortizing Balloon

Actual/360

120

118

360

358

5/19/2022

7/11/2022

6/11/2032

NAP

L(26),D(90),O(4)

993,156

269,158

723,998

3/31/2022

T-12

818,522

264,952

553,570

12/31/2021

T-12

691,255

228,912

462,343

12/31/2020

T-12

95.0%

1,323,266

295,566

1,027,701

3,872

1,023,829

2.92

2.91

18.7%

16,350,000

As Is

4/8/2022

33.6%

27.7%

97.9%

3/31/2022

NAP

4/20/2022

NAP

4/20/2022

NAP

Yes - AE

Fee

NAP

8,190

23,639

2,149

323

NAP

Springing

Yes

NAP

Vimal K. Goyal

Refinance

NAP

Loan

Village Square Warren

0.5%

100.0%

MSBNA

MSMCH

NAP

41 Mountain Boulevard

Warren

Somerset

07059

Retail

Unanchored

2003

NAP

24,600

209.35

5,150,000

4,801,257

5.64000%

29,695.10

24,541.18

356,341.20

294,494.16

Interest Only, Amortizing Balloon

Actual/360

120

118

360

5/31/2022

7/1/2022

7/1/2027

6/1/2032

NAP

L(26),D(90),O(4)

747,140

125,575

621,565

3/31/2022

T-12

716,000

126,900

589,100

12/31/2021

T-12

575,200

130,765

444,435

12/31/2020

T-12

95.0%

713,196

177,196

536,000

4,920

20,587

510,493

1.50

1.43

10.4%

9.9%

7,700,000

As Is

3/31/2022

66.9%

62.4%

100.0%

3/25/2022

JEI Learning Center

3,500

14.2%

7/31/2025

Silk Road Cuisine

3,000

12.2%

5/31/2027

Ye's Asian Bistro

2,500

10.2%

7/31/2025

Turkish Restaurant

2,500

10.2%

4/30/2026

4 Brothers Chicken & Waffles

2,000

8.1%

10/31/2025

5/2/2022

NAP

5/3/2022

NAP

Fee

NAP

13,519

6,759

3,884

971

410

150,000

Springing

150,000

24,625

16,096

Arrearage Repayment Reserve

NAP

Hard

Springing

Yes

NAP

Sun Y. Kim and Suann Taplin

Refinance

NAP

Loan

Self Storage Stockton

0.5%

100.0%

WFB

NAP

3737 99 West Frontage Road

Stockton

San Joaquin

95205

Self Storage

2000; 2003-2006; 2022

NAP

90,638

55.16

5,000,000

5.25300%

NAP

22,191.49

NAP

266,297.88

Interest Only

Actual/360

120

7/15/2022

9/11/2022

NAP

8/11/2032

NAP

L(24),YM1(92),O(4)

826,301

295,798

530,503

4/30/2022

T-12

735,104

284,203

450,901

12/31/2021

T-12

NAP

89.9%

945,375

293,334

652,041

8,974

643,067

2.45

2.41

13.0%

12.9%

11,490,000

As Is

3/1/2022

43.5%

88.2%

6/27/2022

NAP

3/21/2022

NAP

6/14/2022

6/27/2022

Fee

NAP

20,135

4,027

Springing

748

37,782

NAP

Springing

Yes

NAP

Lenay Milford

Refinance

NAP

Loan

Comfort Suites - Dunnellon, FL

0.4%

100.0%

BANA

NAP

20052 Brooks Street

Dunnellon

Marion

34432

Hospitality

Limited Service

2016

NAP

Rooms

68,450.70

4,860,000

4,488,959

6.14000%

29,577.03

25,212.38

354,924.36

302,548.56

Interest Only, Amortizing Balloon

Actual/360

120

119

360

6/17/2022

8/1/2022

8/1/2026

7/1/2032

NAP

L(25),D(91),O(4)

2,501,200

1,685,474

815,726

3/31/2022

T-12

2,261,533

1,547,845

713,688

12/31/2021

T-12

1,631,011

1,233,879

397,132

12/31/2020

T-12

74.0%

2,501,200

1,656,365

844,835

100,048

744,787

2.38

2.10

17.4%

15.3%

8,100,000

As Is

3/18/2022

60.0%

55.4%

77.8%

3/31/2022

NAP

3/31/2022

NAP

3/31/2022

NAP

Fee

NAP

6,449

Springing

8,337

Springing

PIP Reserve

NAP

Springing

Yes

NAP

Hotel Development and Management Group, LLC

Azim F. Saju and Navroz F. Saju

Refinance

1/31/2026

4/26/1900

3/27/1900

1/0/1900

4/30/1900

4/3/1900

1/0/1900

4/23/1900

3/25/1900

1/0/1900

4/7/1900

3/1/1900

1/0/1900

Loan

Michelangelo Apts., Inc.

0.4%

100.0%

NCB

NAP

687 Bronx River Road

Yonkers

Westchester

10704

Multifamily

Cooperative

1974

2015

Units

50,504.99

4,500,000

4,494,944

3,679,989

4.76000%

23,501.26

NAP

282,015.12

NAP

Amortizing Balloon

Actual/360

120

119

360

359

6/29/2022

8/1/2022

7/1/2032

NAP

YM1(113),1%(3),O(4)

NAP

96.0%

2,023,949

782,870

1,241,079

22,500

1,218,579

4.40

4.32

27.6%

27.1%

17,700,000

As Is

4/27/2022

25.4%

20.8%

96.0%

4/27/2022

NAP

5/2/2022

NAP

5/3/2022

NAP

Fee

NAP

Springing

450,000

Collateral Security Agreement For Capital Improvements

NAP

None

NAP

greater of 3.70% or the Prime Rate

4,994,944

25,508

NAP

Yes

Unsecured

NAP

Refinance

NAP

500,000

21,200,000

21.2%

39.3%

313,728

Loan

Quality Plus Self Storage

0.4%

100.0%

MSBNA

MSMCH

Group 3

NAP

2709 and 2833 Andrews Avenue

Ozark

Dale

36360

Self Storage

2001

NAP

55,295

78.67

4,350,000

5.65000%

NAP

20,765.71

NAP

249,188.52

Interest Only

Actual/360

120

119

120

119

6/2/2022

8/1/2022

NAP

7/1/2032

NAP

L(25),D(90),O(5)

521,850

154,406

367,444

4/30/2022

T-12

521,359

151,701

369,657

12/31/2021

T-12

441,662

155,505

286,156

12/31/2020

T-12

90.3%

527,877

145,555

382,322

5,530

376,793

1.53

1.51

8.8%

8.7%

7,700,000

As Is

5/4/2022

56.5%

83.4%

5/18/2022

NAP

4/19/2022

NAP

4/20/2022

NAP

Fee

NAP

8,109

901

Springing

461

NAP

Springing

Yes

NAP

George Thacker, Lawrence Charles Kaplan and Richard Schontz

Acquisition

NAP

Loan

4330 Miraloma Avenue Medical Office

0.4%

100.0%

BANA

NAP

4330 East Miraloma Avenue

Anaheim

Orange

92807

Office

Medical

1999

NAP

31,300

137.18

4,300,000

4,293,707

3,634,557

5.28000%

25,843.81

NAP

310,125.72

NAP

Amortizing Balloon

Actual/360

300

299

6/3/2022

8/1/2022

7/1/2029

NAP

L(25),D(54),O(5)

815,025

125,947

689,078

3/31/2022

T-12

809,947

126,983

682,964

12/31/2021

T-12

628,886

123,344

505,542

12/31/2020

T-12

95.0%

898,229

160,398

737,831

7,825

97,216

632,790

2.38

2.04

17.2%

14.7%

10,900,000

As Is

1/25/2022

39.4%

33.3%

100.0%

8/1/2022

Yes

Kaiser Foundation Health Plan, Inc.

31,300

100.0%

6/30/2029

NAP

2/10/2022

NAP

2/10/2022

12%

Fee

NAP

30,868

10,289

8,642

1,322

NAP

Hard

Springing

Yes

NAP

Paul Moon

Yes

Refinance

NAP

Loan

Fontaine Apartment Owners Corp.

0.4%

100.0%

NCCB

NCB

NAP

100-11 67th Road

Forest Hills

Queens

11375

Multifamily

Cooperative

1950

1996

155

Units

25,742.88

4,000,000

3,990,146

3,253,025

4.60000%

20,505.77

NAP

246,069.24

NAP

Amortizing Balloon

Actual/360

120

118

360

358

5/26/2022

7/1/2022

6/1/2032

NAP

YM1(113),1%(3),O(4)

NAP

93.0%

3,578,975

1,390,964

2,188,011

39,000

2,149,011

8.89

8.73

54.8%

53.9%

58,600,000

As Is

3/21/2022

6.8%

5.6%

93.0%

3/21/2022

NAP

3/23/2022

NAP

3/25/2022

NAP

Fee

NAP

Springing

NAP

None

NAP

greater of 3.50% or the Prime Rate

4,490,146

22,512

NAP

Yes

Unsecured

NAP

Refinance

NAP

500,000

40,900,000

9.8%

32.3%

484,799

Loan

Georgian House Owners Corp.

0.3%

100.0%

NCCB

NCB

NAP

118-11 84th Avenue

Kew Gardens

Queens

11415

Multifamily

Cooperative

1942

2006

121

Units

31,256.20

3,782,000

3,154,435

5.38000%

21,189.90

NAP

254,278.80

NAP

Amortizing Balloon

Actual/360

120

360

7/22/2022

9/1/2022

8/1/2032

NAP

YM1(113),1%(3),O(4)

NAP

95.1%

2,703,089

1,553,470

1,149,619

33,300

1,116,319

4.52

4.39

30.4%

29.5%

38,500,000

As Is

5/19/2022

9.8%

8.2%

95.1%

5/19/2022

NAP

5/18/2022

NAP

5/26/2022

NAP

Fee

NAP

Springing

350,000

Collateral Security Agreement For Capital Improvements

NAP

None

NAP

greater of 3.50% or the Prime Rate

4,282,000

23,197

NAP

Yes

Unsecured

NAP

Refinance

NAP

500,000

21,300,000

17.8%

9.1%

92,707

Loan

57 East 72nd Corporation

0.3%

100.0%

NCCB

NCB

NAP

57 East 72nd Street

New York

10021

Multifamily

Cooperative

1911

2001

Units

211,764.71

3,600,000

5.35000%

NAP

16,272.92

NAP

195,275.04

Interest Only

Actual/360

120

119

120

119

6/30/2022

8/1/2022

NAP

7/1/2032

NAP

YM1(113),1%(3),O(4)

NAP

96.9%

1,072,459

474,420

598,039

3,400

594,639

3.06

3.05

16.6%

16.5%

18,900,000

As Is

5/10/2022

19.0%

96.9%

5/10/2022

NAP

5/17/2022

NAP

5/19/2022

NAP

Fee

NAP

Springing

NAP

None

NAP

greater of 3.75% or Prime Rate +0.25%

4,200,000

18,808

NAP

Yes

Unsecured

NAP

Refinance

NAP

600,000

13,200,000

27.3%

0.0%

NAP

Loan

Ironclad Artist, Inc.

0.3%

100.0%

NCCB

NCB

NAP

134-140 Grand Street a/k/a 25-29 Crosby Street a/k/a 136-140 Grand Street

New York

10013

Multifamily

Cooperative

1890

2006

Units

184,210.53

3,500,000

2,883,293

4.99000%

18,767.37

NAP

225,208.44

NAP

Amortizing Balloon

Actual/360

120

360

7/21/2022

9/1/2022

8/1/2032

NAP

YM1(113),1%(3),O(4)

NAP

93.0%

5,577,226

1,387,943

4,189,283

19,000

4,170,283

18.60

18.52

119.7%

119.2%

113,240,000

As Is

4/25/2022

3.1%

2.5%

93.0%

4/25/2022

NAP

5/5/2022

NAP

5/10/2022

NAP

Fee

NAP

Springing

6,250

Collateral Security Agreement For Capital Improvements

NAP

None

NAP

greater of 3.50% or the Prime Rate

4,500,000

22,781

NAP

Yes

Unsecured

NAP

Refinance

NAP

1,000,000

75,800,000

4.6%

0.0%

NAP

Loan

Pioneer Stor N Lok

0.3%

100.0%

MSBNA

MSMCH

Group 3

NAP

1444 Box Road

Columbus

Muscogee

31907

Self Storage

1978

NAP

41,020

75.57

3,100,000

5.63000%

NAP

14,746.17

NAP

176,954.04

Interest Only

Actual/360

120

119

120

119

6/2/2022

8/1/2022

NAP

7/1/2032

NAP

L(25),D(90),O(5)

442,509

135,430

307,079

3/31/2022

T-12

397,689

149,020

248,669

12/31/2021

T-12

339,644

205,893

133,751

12/31/2020

T-12

92.6%

442,509

137,429

305,080

4,102

300,978

1.72

1.70

9.8%

9.7%

4,750,000

As Is

5/4/2022

65.3%

91.6%

3/31/2022

NAP

4/25/2022

NAP

4/25/2022

NAP

Fee

NAP

13,698

1,713

Springing

187,545

342

4,688

NAP

Springing

Yes

NAP

George Thacker, Lawrence Charles Kaplan and Richard Schontz

Acquisition

NAP

Loan

255 Fieldston Buyers Corp.

0.3%

100.0%

NCCB

NCB

NAP

255 Fieldston Terrace

Bronx

10471

Multifamily

Cooperative

1961

1996

Units

40,240.46

2,985,000

2,977,794

2,435,729

4.70000%

15,481.34

NAP

185,776.08

NAP

Amortizing Balloon

Actual/360

120

118

360

358

5/31/2022

7/1/2022

6/1/2032

NAP

YM1(113),1%(3),O(4)

NAP

94.0%

1,917,504

819,618

1,097,886

30,400

1,067,486

5.91

5.75

36.9%

35.8%

23,650,000

As Is

3/18/2022

12.6%

10.3%

94.0%

3/18/2022

NAP

3/28/2022

NAP

3/29/2022

NAP

Fee

NAP

Springing

12,500

Collateral Security Agreement For Capital Improvements

NAP

None

NAP

greater of 3.50% or the Prime Rate

3,727,794

18,491

NAP

Yes

Unsecured

NAP

Refinance

NAP

750,000

17,800,000

16.7%

0.0%

NAP

Loan

23830 Owners Corp.

0.2%

100.0%

NCCB

NCB

NAP

238-240 East 30th Street

New York

10016

Multifamily

Cooperative

1870

2018

Units

62,500.00

2,250,000

4.77000%

NAP

9,067.97

NAP

108,815.64

Interest Only

Actual/360

120

118

120

118

5/26/2022

7/1/2022

NAP

6/1/2032

NAP

YM1(113),1%(3),O(4)

NAP

96.5%

1,331,008

453,454

877,554

9,500

868,054

8.06

7.98

39.0%

38.6%

19,700,000

As Is

3/24/2022

11.4%

96.5%

3/24/2022

NAP

3/29/2022

NAP

4/4/2022

NAP

Fee

NAP

Springing

400,000

Collateral Security Agreement For Capital Improvements

NAP

None

NAP

greater of 3.70% or the Prime Rate

3,000,000

12,078

NAP

Yes

Unsecured

NAP

Refinance

NAP

750,000

19,290,000

11.7%

8.3%

61,870

Loan

Stuart House Owners, Inc.

0.2%

100.0%

NCCB

NCB

NAP

525 West 235th Street

Bronx

10463

Multifamily

Cooperative

1954

2017

Units

60,109.56

2,225,000

2,224,054

2,045,586

5.48000%

11,445.63

NAP

137,347.56

NAP

Amortizing Balloon

Actual/360

120

119

480

479

6/30/2022

8/1/2022

7/1/2032

NAP

YM1(113),1%(3),O(4)

NAP

98.1%

995,127

420,975

574,152

9,500

564,652

4.18

4.11

25.8%

25.4%

13,200,000

As Is

5/20/2022

16.8%

15.5%

98.1%

5/20/2022

NAP

5/31/2022

NAP

5/31/2022

NAP

Fee

NAP

Springing

55,000

Collateral Security Agreement Re: Maintenance Arrears

NAP

None

NAP

Yes

Unsecured

NAP

Refinance

NAP

10,800,000

20.6%

21.6%

40,226

Loan

1175-85 East Broadway Owners, Inc.

0.2%

100.0%

NCB

NAP

1175-1185 East Broadway

Hewlett

Nassau

11557

Multifamily

Cooperative

1926

2007

Units

44,897.96

2,200,000

4.85000%

NAP

9,015.16

NAP

108,181.92

Interest Only

Actual/360

120

119

120

119

6/8/2022

8/1/2022

NAP

7/1/2032

NAP

YM1(113),1%(3),O(4)

NAP

93.0%

1,464,536

658,363

806,173

15,000

791,173

7.45

7.31

36.6%

36.0%

16,400,000

As Is

2/1/2022

13.4%

93.0%

2/1/2022

NAP

2/8/2022

NAP

2/8/2022

NAP

Fee

NAP

Springing

95,000

Collateral Security Agreement For Capital Improvements

NAP

None

NAP

greater of 3.70% or the Prime Rate

2,700,000

11,022

NAP

Yes

Unsecured

NAP

Refinance

NAP

500,000

14,400,000

15.3%

0.0%

NAP

Loan

244-246 East 90th Street Residents, Inc.

0.2%

100.0%

NCCB

NCB

NAP

244-246 East 90th Street

New York

10128

Multifamily

Cooperative

1883

2008

Units

49,976.61

2,000,000

1,999,064

1,828,489

5.25000%

9,977.41

NAP

119,728.92

NAP

Amortizing Balloon

Actual/360

120

119

480

479

6/29/2022

8/1/2022

7/1/2032

NAP

YM1(113),1%(3),O(4)

NAP

97.0%

996,605

519,232

477,373

7,000

470,373

3.99

3.93

23.9%

23.5%

12,600,000

As Is

5/26/2022

15.9%

14.5%

97.0%

5/26/2022

NAP

5/26/2022

NAP

5/31/2022

NAP

Fee

NAP

51,351

25,676

Springing

NAP

None

NAP

greater of 3.75% or Prime Rate +0.25%

2,499,064

12,090

NAP

Yes

Unsecured

NAP

Refinance

NAP

500,000

10,500,000

19.0%

10.0%

42,123

Loan

5730 Mosholu Owners Corp.

0.2%

100.0%

NCCB

NCB

NAP

5730 Mosholu Avenue

Bronx

10471

Multifamily

Cooperative

1961

2015

Units

42,857.14

1,800,000

1,658,391

5.58000%

9,382.04

NAP

112,584.48

NAP

Amortizing Balloon

Actual/360

120

480

7/22/2022

9/1/2022

8/1/2032

NAP

YM1(113),1%(3),O(4)

NAP

98.0%

945,445

435,261

510,184

8,600

501,584

4.53

4.46

28.3%

27.9%

8,600,000

As Is

4/25/2022

20.9%

19.3%

98.0%

4/25/2022

NAP

4/29/2022

NAP

4/29/2022

NAP

Fee

NAP

Springing

10,000

Collateral Security Agreement For Capital Improvements

NAP

None

NAP

Yes

Unsecured

NAP

Refinance

NAP

9,100,000

19.8%

0.0%

NAP

Loan

145 Upper Corp.

0.1%

100.0%

NCCB

NCB

NAP

143-147 West Broadway a/k/a 72 Thomas Street

New York

10013

Multifamily

Cooperative

1869

2016

Units

269,712.41

1,350,000

1,348,562

1,112,368

4.99000%

7,238.84

NAP

86,866.08

NAP

Amortizing Balloon

Actual/360

120

119

360

359

6/30/2022

8/1/2022

7/1/2032

NAP

YM1(113),1%(3),O(4)

NAP

96.5%

798,066

151,127

646,939

1,250

645,689

7.45

7.43

48.0%

47.9%

19,580,000

As Is

5/17/2022

6.9%

5.7%

96.5%

5/17/2022

NAP

5/20/2022

NAP

5/23/2022

NAP

Fee

NAP

Springing

NAP

None

NAP

greater of 3.85% or Prime Rate +0.25%

1,698,562

8,717

NAP

Yes

Unsecured

NAP

Refinance

NAP

350,000

16,140,000

8.4%

20.0%

Loan

71 East 77th Inc. A/K/A 71 East 77th, Inc.

0.1%

100.0%

NCCB

NCB

NAP

71 East 77th Street a/k/a 69/73 East 77th Street

New York

10075

Multifamily

Cooperative

1928

2012

Units

27,777.78

1,000,000

4.63000%

NAP

3,911.92

NAP

46,943.04

Interest Only

Actual/360

120

117

120

117

4/28/2022

6/1/2022

NAP

5/1/2032

NAP

YM1(113),1%(3),O(4)

NAP

96.9%

2,967,847

1,610,709

1,357,138

7,200

1,349,938

28.91

28.76

135.7%

135.0%

51,400,000

As Is

3/29/2022

1.9%

96.9%

3/29/2022

NAP

4/4/2022

NAP

4/5/2022

NAP

Fee

NAP

Springing

NAP

None

NAP

greater of 3.50% or the Prime Rate

1,200,000

4,715

NAP

Yes

Unsecured

NAP

Refinance

NAP

200,000

31,800,000

3.1%

0.0%

NAP

Loan

Corner View Association, Inc.

0.1%

100.0%

NCCB

NCB

NAP

4401-4407 4th Avenue

Brooklyn

Kings

11220

Multifamily

Cooperative

1906

2001

Units

27,777.78

1,000,000

826,988

5.11000%

5,435.64

NAP

65,227.68

NAP

Amortizing Balloon

Actual/360

120

360

7/7/2022

9/1/2022

8/1/2032

NAP

YM1(113),1%(3),O(4)

NAP

95.0%

909,007

342,117

566,890

18,000

548,890

8.69

8.41

56.7%

54.9%

19,100,000

As Is

4/28/2022

5.2%

4.3%

95.0%

4/28/2022

NAP

5/6/2022

NAP

5/11/2022

NAP

Fee

NAP

25,466

8,489

Springing

$350,000, $67,000

Collateral Security Agreement For Capital Improvements, Collateral Security Agreement Re: Maintenance Arrears

NAP

None

NAP

greater of 4.00% or Prime Rate +0.25%

1,250,000

6,492

NAP

Yes

Unsecured

NAP

Refinance

NAP

250,000

10,000,000

10.0%

0.0%

NAP

Loan

Cragswold, Inc.

0.1%

100.0%

NCCB

NCB

NAP

187 Garth Road

Scarsdale

Westchester

10583

Multifamily

Cooperative

1927

2000

Units

22,169.01

1,000,000

997,606

817,077

4.74000%

5,210.45

NAP

62,525.40

NAP

Amortizing Balloon

Actual/360

120

118

360

358

5/23/2022

7/1/2022

6/1/2032

NAP

YM1(113),1%(3),O(4)

NAP

94.0%

1,874,830

950,178

924,652

23,000

901,652

14.79

14.42

92.7%

90.4%

23,800,000

As Is

3/9/2022

4.2%

3.4%

94.0%

3/9/2022

NAP

3/24/2022

NAP

3/23/2022

NAP

Fee

NAP

Springing

NAP

None

NAP

greater of 3.90% or the Prime Rate

1,497,606

7,217

NAP

Yes

Secured; Unsecured

NAP

Refinance

NAP

500,000

15,000,000

6.7%

0.0%

NAP